$TRB TRB (Tellor) has seen some positive momentum today, but caution is advised due to market volatility. A bullish outlook is supported by recent developments and potential for growth in decentralized oracles, particularly with the increasing demand for secure and transparent data feeds in decentralized finance (DeFi). However, resistance around $70 is likely, making this a critical price point for short-term traders.
**Bullish Scenario**: If TRB can break the $70 resistance, the next target is $75, potentially reaching $80 in the coming weeks.
**Bearish Scenario**: A failure to hold above $68 could lead to a decline back to the $60 support zone.
**Target Price**: $75
**Buy Price**: $68.50–$70
**Current Price**: $68.89
Considering current market conditions, a cautious bullish approach seems appropriate, with the price likely to fluctuate around $68–$70 in the short term.$TRB