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【$TRU Signal】Short squeeze pullback, second upward attack
$TRU 1H-level high-position consolidation, after the 4H Bollinger Bands open up significantly, the price pulls back to the upper band. The negative funding rate -0.33% is unusually eye-catching, and short positions are being continuously squeezed. The MACD 1H fast and slow lines are sticking together; bullish momentum is temporarily taking a breather, but the 4H golden cross structure remains intact.
🎯 Direction: Long
⚡ Entry/Place Order: Buy in batches in the 0.00844 - 0.00865 range
🛑 Stop Loss: 0.00700
🚀 Target 1: 0.01528
🚀 Target 2: 0.01859
🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to break-even. If the price falls back to the entry level, automatically exit to protect principal.
Order book depth shows buy orders stacked below 0.0095, indicating a clear intention to provide support. The position size remains stable, with no sign of large-scale profit-taking. In this negative funding-rate environment, the fact that price refuses to make a deep correction is itself a strong signal. The potential bid from shorts closing is the main fuel for the subsequent push higher. The risk-reward ratio is above 4, so it’s worth taking a shot with a smaller position for trend continuation after a short squeeze.
Check real-time market 👇 $TRU
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