Technical Analysis for $TRU

/USDT

Current Price: 0.1496 USDT

24h Change: +23.94% (Bullish momentum)

Indicators:

EMA (Exponential Moving Average): Price is above the 50 and 200 EMA, signaling a bullish trend.

MACD (Moving Average Convergence Divergence): MACD line crossing above the signal line, indicating upward momentum.

Bollinger Bands: The price is near the upper band, suggesting that the price may face resistance, but momentum is strong.

RSI (Relative Strength Index): RSI is around 60, showing bullish momentum but approaching overbought territory.

Support Levels: 0.1416 USDT

Resistance Levels: 0.1557 USDT

Trade Signal:

Momentum: Bullish. The price has broken out from recent resistance levels, with strong upward momentum and increasing volume.

Targets 🎯:

1. First Target: 0.1557 USDT (Previous 24h High, resistance level)

2. Second Target: 0.1600 USDT (Psychological resistance, possible extension)

3. Third Target: 0.1650 USDT (Next significant resistance zone)

Stop-Loss: 0.1416 USDT (Recent support, below EMA)

Conclusion:

Trade Strategy: Bullish bias, with buy positions near 0.1416 to 0.1450 USDT. Watch for resistance near 0.1557, and potential breakouts above that level for further upside.

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