TRUTH/USDT has indeed been showing some interesting movements recently. In the short term, the 15-minute and 1-hour RSI have reached extremely oversold levels—16.8 and 18.4 respectively—indicating a potential rebound. However, it's important to note that the 4-hour chart is still in a downtrend, with RSI at only 32.6, and the bearish sentiment remains strong. The most concerning factor is the volume; over the past few days, trading volume has shrunk by 98%, making any rebound appear weak and feeble.



From a price perspective, it is currently hovering around the psychological support level of 0.0200. If it breaks upward, the first resistance is at 0.0210, followed by 0.0225. Conversely, if it falls below 0.0190, there are support levels at 0.0175 and below.

My idea is this—wait for a rebound first. Once it breaks through 0.0210, I will take a small long position, entering at 0.0212 with a target of 0.0225. But the stop-loss must be tight, set just below 0.0195. Considering the weak volume, a failed rebound could quickly open up downside space, so strict stop-loss enforcement is necessary. If it directly breaks below 0.0190, I will abandon the bottom-fishing strategy and wait for a clearer structure before acting. Currently, near the current price, it’s a wait-and-see situation; wait for the structure to confirm before making a move.
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SatsStackingvip
· 7h ago
The trading volume shrank by 98%, and you're still daring to try to go long? Man, your guts are really big. I'll wait and see; seeing a -98% figure makes me a bit hesitant.
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ThreeFlowersGatherAtTheTopvip
· 11h ago
Shameless
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TokenToastervip
· 11h ago
The trading volume has shrunk by 98%, this data is too extreme. The rebound is also a weak rebound. It's better to stay on the sidelines.
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0xSunnyDayvip
· 11h ago
Trading volume drops by 98%—still dare to buy? This market is completely fake; I think the rebound is just a trap to lure more buyers.
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LiquidationWizardvip
· 11h ago
Trading volume shrank by 98%... Isn't this just dead water? A rebound is impossible.
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OldLeekNewSicklevip
· 11h ago
The volume has shrunk so much, what rebound? It's just self-deception. --- Breaking 0210 is all about luck. Instead of chasing this broken level, better to sleep in. --- It's always "try with a light position," but every time it's a small position, and in the end, the account becomes so light there's nothing left. --- -98% trading volume, honestly, no one is playing. Don't analyze it as if it's a real thing. --- Waiting, waiting, always waiting. Waiting for what? Even the USDT interest is gone. --- That 0.0175 hit will come sooner or later; might as well be straightforward. --- What's the use of tight stop-loss? With insufficient volume, any order can be broken through.
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