TRU/USDT Weekly – On the Verge of a Reversal or Breakdown?📌 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.
---
🔍 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.
---
📈 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.
---
📉 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.
---
🎯 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
---
🔄 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.
---
🧲 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.
#TRUUSDT #TrueFi #CryptoReversal #AltcoinAnalysis #SupportZone #TripleBottom #BreakoutSetup #WeeklyChart
