Here is the full-form English technical analysis of TRUTH/USDT (Perpetual) based on the 1-Day chart:
📊 Current Market Overview
Current Price: 0.01162 USDT
Market Trend: After a strong downward move, the price is now forming a base and consolidation zone
Recent Low: 0.00830 USDT (acting as a strong support level)
Today’s Change: Approximately +5%, indicating a short-term relief bounce
📉 Moving Averages Analysis
MA (7-day): 0.01086
Price is trading above MA-7, which is short-term bullish
MA (25-day): 0.01312
This level is acting as a key resistance
MA (99-day): 0.01771
Strong long-term resistance, far above the current price
🧱 Support and Resistance Levels
Support Zones
0.0110 – 0.0107 USDT (immediate support)
0.0090 – 0.0083 USDT (strong demand and accumulation zone)
Resistance Zones
0.0122 – 0.0125 USDT (near-term resistance)
0.0130 – 0.0133 USDT (major resistance near MA-25)
0.0150 USDT and above (possible only with strong volume)
