TRUTH has recently experienced significant gains, but the underlying data reveals a different story. From a technical chart perspective, the price is at a high level, yet the proportion of large holders' positions shows a clear decline. This divergence between price and volume often serves as a warning signal when it occurs at historical highs.
Currently, the price faces resistance around 0.015, with a lack of effective capital support above. Based on market structure, 0.0152 can be considered a short-term defense level. If this level is broken, subsequent tests of the potential support levels at 0.0120 and 0.0100 may follow. It is worth noting that rapid surges without increased capital inflow are usually difficult to sustain at high levels—main players are likely leveraging periods of ample liquidity to complete position transfers.
For traders, the current rebound is more likely a technical correction rather than a trend reversal signal. Paying attention to the performance of these key price levels, combined with volume and position data, will lead to more rational decisions than simply following the trend. The market is constantly testing participants' patience.
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TRUTH has recently experienced significant gains, but the underlying data reveals a different story. From a technical chart perspective, the price is at a high level, yet the proportion of large holders' positions shows a clear decline. This divergence between price and volume often serves as a warning signal when it occurs at historical highs.
Currently, the price faces resistance around 0.015, with a lack of effective capital support above. Based on market structure, 0.0152 can be considered a short-term defense level. If this level is broken, subsequent tests of the potential support levels at 0.0120 and 0.0100 may follow. It is worth noting that rapid surges without increased capital inflow are usually difficult to sustain at high levels—main players are likely leveraging periods of ample liquidity to complete position transfers.
For traders, the current rebound is more likely a technical correction rather than a trend reversal signal. Paying attention to the performance of these key price levels, combined with volume and position data, will lead to more rational decisions than simply following the trend. The market is constantly testing participants' patience.