$TRU/USDT 3h (#Bybit) Descending channel breakout

Par TradingOn
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TrueFi just regained 50MA support and seems about to push higher and recover, short-term.

⚡️⚡️ #TRU/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.7%

Current Price:
0.08935

Entry Zone:
0.08805 - 0.08295

Take-Profit Targets:
1) 0.09990
2) 0.11075
3) 0.12160

Stop Targets:
1) 0.07345

Published By: @Zblaba

TRU #TRUUSDT #TrueFi #DeFi #TrustToken

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +50.5% | +88.6% | +126.7%
Possible Loss= -42.3%
Estimated Gaintime= 1-2 weeks

Trade fermée: ordre d’arrêt atteint
SL hit with -42.3% (3x) and -1.0R

TrueFi ended losing 50MA and went for further retest of the channel, printing a LL.

snapshot
borrowingDEFIfarminglendingMoving AveragesParallel ChannelSupport and ResistanceTRUtruefitrusttokenTRUUSDTyield
TradingOn

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