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TrueFi / TetherUS

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TRUUSDT trade ideas

TRU Rally Alert: Your l to Buy and Prosper!"Tru Coin (TRU) - Fundamentals and Recent News (as of March 27, 2024) Tru Coin (TRU) is the native token of the TrueFi protocol. TrueFi aims to be a decentralized credit infrastructure for crypto. Here's a quick rundown: Function: TRU holders govern the protocol by voting on who can borrow and lend on the platform. This allows them to participate in shaping the creditworthiness of borrowers. Recent Performance: TRU is currently priced at around $0.11 with a market capitalization of over $120 million. It has seen a slight increase of over 3% in the last 24 hours. However, it's important to note that TRU has been down this week. Disclaimer: I am not a financial advisor and this is not financial advice. Investing in cryptocurrency carries significant risk.
Long
by MoonTradingForecast
TRU: Stay Alert for Confirmations Before Taking Action! 🚀💎Paradisers, #TRUUSDT is currently demonstrating a bullish market structure, characterized by two significant bullish FVG (Fair Value Gap) patterns. Presently, the price trajectory is sharply upward, prompting anticipation of an impending retracement. 💎 As #TRU approaches a minor support level, traders should exercise caution, as this level may serve as a launchpad for further bullish continuation. 💎 Should the price retreat and approach the bullish Order Block (OB) level, marked by the presence of FVG and BB (Breaker Block), traders can anticipate a potential bounce. Confirmation of this bounce would ideally come in the form of ChoCH (Change of Character) near the 50% retracement level of the Fibonacci sequence. 💎 However, in the event of a breakdown below both identified levels, it is advisable to adopt a cautious approach and refrain from immediate action. Waiting for clearer price action to materialize would offer better insights for making informed decisions.
by MyCryptoParadise_Nathan