Market Overview
Current Price: $86.24 š¼
24h Change: +53.86%
24h High: $110.00
24h Low: $55.76
24h Volume: 4.95M TRB / 422.64M USDT
Technical Analysis š
TRB has experienced a sharp rally with strong bullish momentum, hitting a high of $110 before retracing. The volume surge supports this uptrend, although price consolidation is evident around the current level.
Trade Setup š
1. Entry Zone: Potential buy area between $85 - $88 to capitalize on consolidation.
2. Targets:
Target 1: $95 šÆ
Target 2: $105 š
Target 3: $115 š„
3. Stop-Loss: $75 to manage downside risk.
Indicators š
Volume: High volume reinforces the recent price rally.
Moving Averages: The MA5 has moved above the MA10, indicating short-term bullish sentiment.
RSI & MACD: Currently in overbought territory, caution is advised as a pullback may occur.
ā ļø Note: TRB's high volatility presents both opportunities and risks. Monitor closely for breakouts or potential reversals, and use stop-loss orders to protect your position.
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