🚨 $TRB /USDT on the 4-hour Chart 🚨
TRB/USDT has experienced significant upward momentum, surging from a low of 50.92 to a peak of 110, before retracing to its current price of 88.22. This rally indicates a strong bullish move but with signs of volatility and potential consolidation. Traders should be cautious as the recent price action suggests a mix of momentum and potential pullback.
Current Price: 88.22
Entry Price for Trades:
Suggested Entry: 85.00 - 90.00 (in case of a retracement for better entry)
Critical Levels to Watch:
Resistance Levels:
91.29
100.00
110.00 (previous high)
Support Levels:
80.00
69.63
50.92 (recent low)
Take-Profit Targets:
1. First Target: 95.00
2. Second Target: 105.00
3. Third Target: 115.00
Stop Loss Level:
Suggested Stop Loss: 77.00 (below key support to mitigate risk)
⚠️ Cautionary Note: Traders should watch for stability around the current price level and be prepared for potential breakout or breakdown signals. Volatility is high, and price reversals are possible. Ensure proper risk management and monitor the resistance at 91.29 for potential short-term hurdles.
