TRU/USDT Weekly – On the Verge of a Reversal or Breakdown?

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📌 Overview:

TRU/USDT is currently trading within a key long-term demand zone between $0.0229–$0.0307 — an area that has consistently acted as a strong bounce level since early 2023. Now that this zone is being tested again, the outcome could define the next major move for TrueFi.

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🔍 Market Structure & Pattern:

The pair has been moving sideways in a year-long accumulation range, hinting at a potential accumulation phase by smart money.

There's a possibility of a triple bottom formation, a classic reversal signal, should price break above resistance with momentum.

Although the overall trend remains bearish, selling pressure is weakening, suggesting a possible trend transition phase.

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📈 Bullish Scenario (Reversal Potential):

If price holds the support zone and confirms a bullish weekly candle:

Upside Targets:

🔹 $0.0387 (First breakout level)

🔹 $0.0512 – $0.0610 (Previous distribution range)

🔹 $0.1209 – $0.1545 (Mid-term trend shift target)


Potential catalysts: strong breakout volume, improving market sentiment, and weakening BTC dominance.

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📉 Bearish Scenario (Breakdown Risk):

If price fails to hold above $0.0229 and closes below on the weekly chart:

Price could fall further toward the psychological level around $0.0200 or even lower.

This would confirm a new lower low, continuing the broader bearish trend and possibly entering a capitulation phase.

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🎯 Key Levels to Watch:

Level Significance

$0.0229 – $0.0307 Major demand zone (historical support)
$0.0387 Initial resistance / bullish trigger
$0.0512 & $0.0610 Previous supply zones
$0.1209 & $0.1545 Mid-term reversal targets
$0.2437 Long-term target if uptrend confirms

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🔄 Conclusion:

TRU/USDT is at a make-or-break point. Bulls and bears are clashing at this critical support. Will this be the start of a long-awaited reversal, or will we see a deeper breakdown?

The coming weekly candles will be crucial. Smart traders will wait for clear confirmation — not just reaction.

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🧲 Trading Strategy Ideas:

Conservative Bulls: Wait for a weekly breakout above $0.0387 with volume confirmation.

Aggressive Traders: Consider entry at support with tight stop-loss below $0.0225, aiming for $0.0512 short-term.

Bearish Bias: Short after confirmed weekly close below support.

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