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Summary
• Price tested and held above 0.012, with a bullish engulfing pattern at 0.0122.
• RSI showed moderate momentum, no overbought conditions, and low divergence risks.
• Volume surged to 2.4M TRU, with turnover peaking near 0.0124, suggesting accumulation.
• Volatility expanded in the final 6 hours, pushing price out of Bollinger midline.
• Fibonacci 61.8% level at 0.0122 offered strong short-term support, confirmed by price reaction.
TrueFi/Tether (TRUUSDT) opened at 0.012, reached a high of 0.0125, and closed at 0.0123 by 12:00 ET. The 24-hour volume totaled 24.1M TRU, with turnover of approximately $290,000. Price consolidated above key support at 0.0122, with volume intensifying near 0.0124.
Structure & Moving Averages
On the 5-minute chart, TRUUSDT closed above its 20- and 50-period moving averages, signaling a short-term bullish bias. The daily chart shows a 50-period MA crossing above 100- and 200-period lines, suggesting a longer-term recovery trend. Price action suggests buyers are defending 0.012 as a psychological floor, with a bullish engulfing pattern forming at 0.0122.
Momentum and Volatility
RSI hovered around 50, showing no overbought conditions but moderate upward momentum. MACD turned positive in the final 6 hours, aligning with price.

Volume and Turnover
Volume surged to a peak of 2.4M TRU at 09:15 ET, coinciding with a price high of 0.0124. Notional turnover also spiked near that level, suggesting accumulation. However, price failed to hold above 0.0124 into the afternoon, indicating potential short-term resistance.
Fibonacci Retracements
Fibonacci levels showed 0.0122 as the 61.8% retracement of the recent 5-minute move from 0.0116 to 0.0124. Price bounced off this level twice, reinforcing its role as a key support. On the daily chart, 0.012 aligns with a previous retracement level, making it a likely area of renewed buying interest.
Looking ahead, TRUUSDT could test 0.0125 if buyers re-engage above 0.0124, but a break below 0.0122 may trigger short-term profit-taking. Investors should monitor volume for confirmation of the next directional move.
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