TRU/USDT Breaking Barriers? | Daily Chart
Description:
TRU/USDT is climbing with momentum and testing **$0.111 (0.618 Fib)** resistance! 🔥 This level coincides with the **200-day MA (red line) 📉**, making it a crucial battle zone for bulls 🐂 and bears 🐻.
Key Observations:
1. **PSR (Parabolic SAR)**: 🟢 Green dots below price = strong bullish trend.
2. **Fibonacci Levels**:
- 🟣 **0.618 Fib ($0.111)**: Major resistance ahead.
- 🟢 **0.786 Fib ($0.085)**: Key support for pullbacks.
3. **MFI (Money Flow Index)**: 💰 At **71**, showing strong buying pressure but nearing overbought territory ⚠️.
4. **Volume**: 📊 Recent spikes suggest growing market interest.
What to Watch:
- 🟢 **Breakout**: Clearing $0.111 could spark a rally toward **$0.190 (0.236 Fib)**.
- 🛑 **Pullback**: Rejection might retest support near **$0.085**.
Takeaway:
TRU/USDT is at a key moment 🚦. Will we see a breakout and rally 🌈, or a healthy dip 🌊 first? Share your thoughts below! 💬
TRU/USDT is climbing with momentum and testing **$0.111 (0.618 Fib)** resistance! 🔥 This level coincides with the **200-day MA (red line) 📉**, making it a crucial battle zone for bulls 🐂 and bears 🐻.
Key Observations:
1. **PSR (Parabolic SAR)**: 🟢 Green dots below price = strong bullish trend.
2. **Fibonacci Levels**:
- 🟣 **0.618 Fib ($0.111)**: Major resistance ahead.
- 🟢 **0.786 Fib ($0.085)**: Key support for pullbacks.
3. **MFI (Money Flow Index)**: 💰 At **71**, showing strong buying pressure but nearing overbought territory ⚠️.
4. **Volume**: 📊 Recent spikes suggest growing market interest.
What to Watch:
- 🟢 **Breakout**: Clearing $0.111 could spark a rally toward **$0.190 (0.236 Fib)**.
- 🛑 **Pullback**: Rejection might retest support near **$0.085**.
Takeaway:
TRU/USDT is at a key moment 🚦. Will we see a breakout and rally 🌈, or a healthy dip 🌊 first? Share your thoughts below! 💬
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