TRU/USDT Technical Analysis (1D timeframe)

📊 Price Action:

Current Price: $0.0303 (+12.64%)

24H Range: $0.0263 – $0.0305

Recent Low: $0.0245 (Strong bounce seen from support)

Structure: V-shape recovery in progress, forming bullish engulfing candles

📈 Indicators Breakdown:

✅ Moving Averages (MA):

MA(7): $0.0294 ✅ Price just broke above short-term resistance

MA(25): $0.0339 ⛔ Next resistance zone

MA(99): $0.0370 ⛔ Long-term barrier for sustained uptrend

⚠️ A golden crossover (7MA > 25MA) is still forming, confirmation above $0.033 would be strong.

✅ RSI (Relative Strength Index):

RSI(6): 47.49

RSI(12): 41.29

RSI(24): 42.44

📌 Neutral zone — room for upside before overbought zone (>70)

RSI bounce from below 30 shows sellers are exhausted. Buyers are regaining control.

🔄 MACD:

MACD: -0.0003 (still slightly negative)

Signal Line: -0.0024

Histogram: Slight bullish crossover forming 📈

Bullish momentum is starting to build, but not fully confirmed.

🔊 Volume:

Volume: Rising, especially on green days — suggesting accumulation

Volume MA(5): 23.98M vs MA(10): 19.36M — Volume breakout ahead?

🧠 Summary:

TRU has likely bottomed at $0.0245, with a strong recovery bounce and decent confirmation from price action and RSI. MACD lagging but improving.

🎯 Recoil Strategy View:

Re-entry Zone (DCA): $0.027–$0.029 if pullback

Breakout Level: $0.034

Short-Term Target: $0.036–$0.041

Stop-Loss (If trading): Close below $0.025

✅ Conclusion:

TRU is in early recovery phase, ideal for mid-risk entries. Long-term holders may consider averaging now before major confirmation. If $0.034 is broken with volume, it could trigger momentum buying. Watch for RSI pushing over 60 and MACD flipping fully green.

Avoid over-trading!🚨

Recoil Trades – Small Capital, Big Moves. Enter Low, Exit Loud.

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