$TRUST Shocks Traders! 400% Spike to Crash… Now Is Another Breakout Coming? 🚀📉
$TRUST Perpetual (Binance)
Current Price: ~0.1248 USDT
Change: +10.9% (short-term bounce)
🧨 1. Massive Pump & Dump
The chart shows a strong green candle where the price went straight from ~0.09 to ~0.51.
This seems like typical news/hype or a low-liquidity pump.
After that, there was an instant dump — profit booking or whales selling.
👉 This type of move is mostly unsustainable.
📉 2. Long Downtrend Phase
After the spike, the price made lower highs & lower lows.
The candles gradually moved down — clear bearish trend.
The price settled back in the 0.10–0.12 zone.
👉 The market rejected the pump.
📈 3. What Is Happening Now? (Small Recovery)
Now a small bounce is visible on the right side.
The price is trading at ~0.1248.
Short EMAs (EMA 3, EMA 5) are approaching the price →
Sign of short-term bullish momentum.
⚡ 4. RSI & Momentum
RSI (3) ≈ 84
RSI (5) ≈ 72
👉 RSI is in the overbought zone.
This means:
The bounce is strong,
But a pullback or consolidation may come in the short term.
📊 5. Volume Insight
There was a huge volume spike at the time of the pump.
Now the volume is relatively low →
The market does not have as much strength as it did during the initial spike.
🧭 Key Levels to Watch
🟢 Support: 0.10 – 0.11
🟡 Current Zone: ~0.124
🔴 Resistance: 0.15 – 0.18
🚀 Major Resistance: 0.25+ (if the trend reverses)
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