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$TRB "Appears to be breaking out of its downward channel on the daily chart. Increasing buying volume near resistance indicates bullish momentum, and a decisive breakout could aim for the $56.60 level

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$TRB /USDT

BEARISH TREND CONTINUES

- TIME TO SHORT?

The $TRB /USDT pair is currently trading at $45.93, showing a decline of 2.09% over the last 24 hours. The chart indicates a bearish trend with the price consistently moving downwards.

Key Levels:

• Resistance Levels: $48.14 (24h High),
$50.00

• Support Levels: $45.62 (24h Low), $45.00

My Trade Setup:

• Short Entry: $45.93

• Take Profit (TP): $44.00, $43.00, 42.6

• Stop Loss (SL): $47.00

Market outlook :

The market shows a bearish sentiment with the price failing to break above the resistance levels. The volume is also decreasing, indicating a lack of buying interest.

Risk Management:

Always use a stop loss to protect your capital and never risk more than 2% of your trading account on a single trade. Use leverage 5x-10x

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