$TRB/USDT Market Dynamics Alert: Focus on Resistance and Momentum Trends! 🔔
Currently, the trading price of $TRB is fixed at 71.81, showing a slight correction trend of -2.14%. It is worth noting that after successfully crossing the 200-period moving average (MA) at 63.81, the market seems to have shown fatigue in the short term. The volume-weighted average price (VWAP) stabilized at 72.82, which became an immediate upward resistance point.
Core indicator analysis:
Relative Strength Index (RSI): The current value is 63.34, indicating that $TRB is close to the overbought area, but has not yet reached the extreme level, so it still retains a certain upward potential. Moving Average Convergence Divergence (MACD): showing positive momentum characteristics and has formed a bullish crossover (MACD line: 1.63 is higher than the signal line: 1.23), and the histogram is also reinforcing this continued bullish signal.
Key price observation:
Upper resistance: The first focus is on the 75.00 price level. If this level can be effectively broken, the price is expected to climb further to the 80.00 area. Lower support: The solid support level is at 65.00. If it is unfortunately lost, it may trigger a new round of corrections and test the support area near 60.00.
Trading strategy tips: Please stay alert, pay close attention to market dynamics, combine technical analysis with risk management, and make wise trading decisions! 📈💼
