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TRU's recent surge is indeed impressive, rising 73% in 24 hours, jumping from $0.0042 to $0.0078 in one go, which looks quite eye-catching. Trading volume has also increased, with over 1.3 billion coins changing hands, and nearly $400k in inflows. But honestly, with this kind of rise, my first reaction isn't to chase but to consider selling.
Why? Because this is a typical oversold rebound.
Look at the candlestick chart: it previously dropped to $0.0042, basically below the floor into the basement. The MACD's DIF and DEA are still in the negative zone, at -0.0268 and -0.0272, indicating the overall trend hasn't turned positive. The MA25 is at 0.055, and MA7 is at 0.0092—moving averages are all pressing down from above. The current price of 0.0073 is still far from these levels. Simply put, it’s a sharp drop followed by a bounce, not a reversal.
Also, consider the so-called “BRLA conversion event,” which is basically swapping TRU for other assets, with the ratio depending on the deposit amount. This kind of operation is common in the crypto space—often just a hype wave to attract retail investors, then nothing follows. Even the assistant Xiao An has written that “there's a high risk of a pullback” and “observed selling behavior,” which is already very straightforward.
In essence, TRU is a token whose value is approaching zero. It’s not like Bitcoin, which has consensus, or Ethereum, which has an ecosystem. There are many projects in DeFi that are more solid—what does TRU have? Just a conversion story? Once the story is over, what then?
It’s already up 70%. Are you waiting for it to fall back to $0.0042? The rule of oversold rebounds is that how it rises is how it falls. Selling now means locking in profits. Holding on longer just means fighting against your own money.
Don’t hesitate—sell now. $TRU #加密市场行情震荡