$TRB Long Liquidation Alert
Liquidated Amount: $6.3809K
Price at Liquidation: $58.008
What's happening with $TRB?
$TRB just saw a major liquidation event at $58.008, with over $6K in long positions being cleared out.
This suggests strong market volatility and potential for price swings.
Support and Resistance:
Support Level: $55.00 (If it drops here, it could find support and recover)
Resistance Level: $60.00 (If it breaks this, the price could move higher)
Next Move:
If $TRB approaches the support level at $55.00, it might be a good opportunity to buy, especially if it shows signs of stabilizing.
Watch for a break above $60.00, which could lead to a rally.
Stop Loss:
Set a stop loss just below $54.00 to limit downside risk if the price falls further.
Monitor the price carefully and ensure you're managing your risk with every move.