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Technical analysis by CryptoCoinsCoach about Symbol TRU on 12/24/2025

https://sahmeto.com/message/4012086
CryptoCoinsCoach
CryptoCoinsCoach
Rank: 14705
1.5

TRU Retesting Broken Falling Wedge Support

Neutral
Price at Publish Time:
$0.0086542
،Technical،CryptoCoinsCoach

TRU previously formed a falling wedge during a prolonged bearish phase. That structure has now resolved to the downside, with price breaking below the wedge support and accepting lower levels. After the breakdown, price is currently retesting the former wedge support, which has now flipped into resistance. This retest is a critical decision zone, as failed reclaim attempts often confirm bearish continuation. If TrueFi fails to reclaim and hold above the broken wedge trendline, downside continuation remains the dominant scenario. In that case, price may rotate lower toward the next demand zone below current levels. For any bullish recovery, price must reclaim the broken wedge support and show acceptance above it. Without that reclaim, the broader structure remains bearish and any bounce should be treated as corrective. This setup is driven by falling wedge breakdown dynamics, resistance flip behavior, and post-structure retest mechanics. Confirmation at this level will define the next directional move.

Source Message: TradingView
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