TRUTH has recently shown signs of a rebound. From the hourly level, the market is gradually strengthening, providing technical support for subsequent upward movement.
The current price is at a relatively low position, which is a good entry opportunity for medium-term holders. The chips accumulated during the previous decline are now closer to the bottom, meaning that if the market starts to move again, the cost advantage for holders will be more apparent.
The yellow zone shown on the chart is the previous accumulation low point. The current chip distribution is sinking further downward, which is a healthy pattern from a technical perspective. The upward potential above is still considerable, and the key is whether it can break through the resistance above.
In the short term, focus on the two price levels of 0.011 and 0.0121, which are important technical targets. If these levels can be stabilized, the rebound strength may be further unleashed.
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DYORMaster
· 10h ago
0.011 is really the key level; it depends on whether it can hold steady, otherwise it will just be another false alarm.
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MEVHunter_9000
· 10h ago
TRUTH is back? Bro, this analysis is pretty good. The opportunity window for bottom-fishing is definitely here.
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OnchainDetective
· 10h ago
According to on-chain data, this wave of chip accumulation patterns indeed reveal some tricks. Wait for me to further track the movements of those large addresses.
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BoredApeResistance
· 10h ago
Accumulating so many chips at the bottom? It feels like they're waiting for a main force to push the market up.
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GasWhisperer
· 10h ago
ngl the chip distribution narrative is giving "hope the bounce holds" energy rn... curious if 0.011 actually sticks or we're just watching another fakeout tbh
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ApeEscapeArtist
· 10h ago
Bottom chip accumulation, this rebound is quite interesting
Both technical support and accumulation at the low point, the analysis seems quite accurate, just see if it can break through
If 0.011 can hold steady, there should be hope ahead
It would be great if this round of rebound can be fully released
The chips sinking in a healthy pattern, the theory is perfect, just worried about it turning yellow
Waiting to see if it can break through those two key levels, stay tuned
TRUTH has recently shown signs of a rebound. From the hourly level, the market is gradually strengthening, providing technical support for subsequent upward movement.
The current price is at a relatively low position, which is a good entry opportunity for medium-term holders. The chips accumulated during the previous decline are now closer to the bottom, meaning that if the market starts to move again, the cost advantage for holders will be more apparent.
The yellow zone shown on the chart is the previous accumulation low point. The current chip distribution is sinking further downward, which is a healthy pattern from a technical perspective. The upward potential above is still considerable, and the key is whether it can break through the resistance above.
In the short term, focus on the two price levels of 0.011 and 0.0121, which are important technical targets. If these levels can be stabilized, the rebound strength may be further unleashed.