$TRB Trading Strategy Update

šŸ”Ž Key Insight:

A long liquidation of $7.3983K at $66.472 highlights bearish pressure. This level could act as a turning point, signaling either a continuation of the downtrend or a potential bounce-back if buyers step in.

šŸ“‰ Next Move - Buy Zone, Target & Stop Loss

1ļøāƒ£ Buy Zone:

Look to enter between $66.00 - $67.00. This range aligns with possible stabilization or recovery near the liquidation level.

2ļøāƒ£ Target Levels:

Target 1: $68.50 (initial resistance)

Target 2: $70.00 (key breakout level)

Target 3 (Stretch Goal): $72.00

3ļøāƒ£ Stop Loss:

Set a stop loss at $65.00 to safeguard against extended downside risks.

šŸ’” Strategy Insights:

Volume Confirmation: Ensure buying volume increases near $66.472 to validate potential recovery.

Risk Management: Keep position size small to manage risk in case the downtrend continues.

Market Context: Pay attention to broader crypto trends or any news related to $TRB that could impact its price movement.

šŸšØ Pro Tips for Success:

Wait for Stability: Enter only if the price consolidates or shows an upward push in the buy zone.

Secure Gains Gradually: Take partial profits at $68.50 and $70.00 while leaving some for the stretch target of $72.00.

Set Alerts: Use price alerts for $67.00 and $68.50 to stay updated on price movements.

Patience and discipline are critical for navigating this setup. Stick to your strategy and focus on long-term growth!

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