$TRUTH dropped hard from the top and moved down to the 0.01230 area, where buyers stepped in and stopped the fall for now. After that drop, price bounced a little and is now trading around 0.01255 – 0.01265, but it is still below the main resistance zone. The area between 0.01275 – 0.01300 is acting as strong resistance, where price previously failed and sellers are likely to step in again. On the downside, 0.01230 is the first support, and 0.01200 is the next important level where price reacted before. As long as price stays below resistance, the safer play is to look for a short scalp instead of expecting a big recovery.

This is not a long-term bullish trade, just a quick scalp after a sharp drop. The current bounce looks weak and more like a pause before the next move. If selling volume increases again, price can move back toward lower support levels quickly. Invalidation is simple — if a strong 5-minute candle closes above 0.01300, the short idea is wrong and strength is returning. Trade with control, take profits step by step, and don’t hold longer than planned.

Scalp Trade Plan

Short

Entry Zone: 0.01265 – 0.01280

TP1: 0.01230

TP2: 0.01200

Stop Loss: 0.01305

Leverage: 20x – 40x

Margin: 2% – 5%

Risk Tip: Book partial profit at TP1 and trail stop to entry

Long #TRUTH Here 👇👇👇

TRUTHSui
TRUTHUSDT
0.010596
-33.86%