$TRB Update — Support Broken — $90 Incoming?

As discussed in the last posts, #Tellor was struggling to hold above the its major support line.

Although the market is #bullish today, Tellor lost the support on the 1H and 4H chart. On top of that, bearish trade signals like a bearish MACD crossover are popping up too.

It looks like short-term investors are taking money out of $TRB and transferring it to other tokens — especially since Tellor already pumped massively and they don't see additional short term potential.

When putting it all together:
➡️ Local double top
➡️ Lost major support
➡️ Investors transferring money to other tokens
➡️ Bearish trade signal

...it becomes more and more likely that we will see a drop to $90 soon.