🚨🚨Entry: Breakout of $50.80 with volume🚨🚨
✅ Entry (buy):
As soon as it breaks $50.80 with a strong candle and volume above average, as this would indicate a breakout of the MA7 and potential new momentum.
Analyzing the 15-minute chart of TRB/USDT (Tellor), here is my suggestion based on the current context:
🧠 Current Technical Context (M15):
Current price: $50.50
MA 7: $50.79 (above the price — possible immediate resistance)
MA 25: $49.94
MA 99: $49.74 (serving as dynamic support)
Volume: stable, with no significant spikes in the current candle
Chart formation: Lateralization after a bullish leg
⚙️ Suggested Strategy (Scalp or Short Trade):
✅ Entry (buy):
As soon as it breaks $50.80 with a strong candle and volume above average, as this would indicate a breakout of the MA7 and potential new momentum.
❌ Stop Loss:
Below $49.60, losing the MA99 and previous congestion low
🎯 Targets:
TP1: $52.00 (previous resistance)
TP2: $53.20 (recent high)
TP3: $56.00 (more ambitious target — last resistance)
📊 Important Confluences:
Strong support between $49.50–49.70 (MA99 + previous low + visible buying volume in the order book)
The order book shows buying pressure between $50.30–50.10
RSI and MACD are not visible in the image, but the lateral behavior suggests consolidation before a possible breakout
⚠️ If it breaks $49.60 (downward):
Avoid holding position: risk of targeting $48 or even $46.50
📌 Summary for Post/Image:
📈 TRB/USDT Strategy – 15min (Short Trade)
🔹 Entry: Breakout of $50.80 with volume
🔻 Stop Loss: $49.60
🎯 Targets:
• TP1: $52.00
• TP2: $53.20
• TP3: $56.00
🧠 Support: MA99 and low of lateralization
📊 Confluence with moving averages and buying strength in the book
⚠️ Alert: Avoid operation if it loses $49.60 with strength