🔻$TRB /USDT – Bearish Breakdown with Bounce Potential!
🔹Trade Setup:
- Entry Zone: $25.40 – $25.60
- Stop Loss: $26.20
- Targets:
- TP1: $24.80
- TP2: $23.90
- TP3: $22.50
- Risk/Reward: Approx. 1:2.5
- Leverage: 3–5x recommended for controlled risk
📊Technical Summary:
- TRB has dropped over 13% from its recent swing high of $29.35, forming a clear lower high and lower low structure on the 1H chart.
- Price is currently consolidating near $25.50, just above the 24H low of $24.84, suggesting a potential dead cat bounce before further downside.
- MA(5) aligns with current price, but MA(10) and MA(30) are showing unusual values—likely a data glitch. Ignoring those, the short-term trend remains bearish.
- Volume remains elevated, indicating strong participation in the sell-off.
- RSI is hovering near oversold territory, hinting at a short-term relief rally—but overall momentum favors sellers.
📌Strategy Notes:
- Ideal for short scalpers looking to catch continuation moves.
- Watch for rejection near $26.00–$26.20 zone to confirm bearish bias.
- If price breaks above $26.50 with volume, setup invalidates—consider flipping bias.