$TRU / USDT Showing Bullish Momentum on Binance! 🔥
Current Price: 0.0400 USDT
Change: +2.56%
$TRU / USDT on Binance is exhibiting strong upward movement on the 4-hour chart, breaking above previous resistance levels.
Key Observations:
* Recent High (24h): 0.0401 USDT
* Recent Low (24h): 0.0381 USDT
* Volume (24h TRU): 37.18M
* Volume (24h USDT): 1.45M
The price has shown a significant climb, reaching the 0.0400 USDT mark and testing the 24-hour high with increasing volume. This suggests strong buying interest.
Considerations:
* Resistance Level: The 24-hour high of 0.0401 USDT is the immediate resistance to watch. A break above this level could signal further upward momentum.
* Support Level: Previous resistance levels that have been broken, such as around 0.039 USDT, could now act as support.
* Increasing Volume: The rising volume accompanying the price increase adds conviction to the bullish trend.
* DeFi Sector: As a DeFi project, TRU's price action can be influenced by developments and overall sentiment within the decentralized finance space.
Disclaimer: This is not financial advice. Always conduct your own thorough research before making any trading decisions.
