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If you’re only looking at the green candles on $TRU , you’re missing the actual story here.
The chart is looking a bit messy after that failed attempt to hold above $0.011. We saw a massive spike to $0.013 followed by a deep rejection, and right now the price is just hovering around $0.0086.
The good news is we’ve established a decent support zone around $0.0075. As long as that holds, the structure isn't completely broken. But look at the volume, it’s drying up compared to the initial pump.
For this to gain any real steam again, it needs to reclaim $0.0095 and flip it. Otherwise, we might just be looking at a slow bleed back to the accumulation zone.
Are you holding for a second leg or did that wick at the top scare you away?
#GateSquareAprilPostingChallenge