🚨 TECHNICAL ANALYSIS OF #TRU 🚨
⭕Current Price Movement and Performance
TrueFi ( $TRU ) is experiencing a robust surge, trading at $0.1003 with an impressive 21.60% increase in the past 24 hours. The price has reached a high of $0.1062, breaking past previous resistance levels, which underscores the current strong #bullish trend.
⭕Market Sentiment and Trading Volume
With a substantial trading volume of 197.36 million $TRU , there is clear evidence of high buying interest driving this upward movement. This activity suggests strong support from traders, boosting #TRU momentum.
⭕Key Resistance and Support Levels
Traders should monitor the current high as a potential resistance level and be prepared for possible #retracements . Managing stop-loss levels strategically and securing profits along the way can help capitalize on this rally effectively.
⭕Trading Strategy and Risk Management
In this active market, keeping a close watch for any signs of a trend shift will be essential. Taking advantage of this momentum, while remaining vigilant on risk management, will be crucial for maximizing gains in $TRU