$TRB Just Witnessed a Long Liquidation of $4,894.60 at $49.21 – The Battle Has Begun
The market just shook off weak hands. A powerful long liquidation at $49.21 signals that major support has cracked temporarily, triggering cascading exits. But this isn’t the end—it’s where smart money starts watching closely.
Current Price Behavior: $TRB has been volatile, dipping sharply after failing to hold above $50. This liquidation level marks a psychological shift, creating a battlefield between bulls and bears.
Strategic Buy Zone:
➡️ $45.50 – $47.20
This zone aligns with the previous liquidity sweep and possible demand re-entry. Smart accumulation is likely to start appearing here.
Upside Targets:
🎯 Target 1: $52.40 – First resistance where profit-taking may happen.
🎯 Target 2: $57.00 – Strong rejection zone from previous rallies.
🎯 Target 3: $62.80 – If momentum builds, this becomes a potential breakout zone.
Stop Loss:
🛑 Place at $43.80
A clean invalidation point below key structure. If broken, the downside could extend to the low $40s.
Technical Outlook:
Volume spike at the liquidation point shows a reaction zone.
RSI is entering the oversold area on the 4H chart – watch for bullish divergence.
Fibonacci retracement from recent high to current low suggests the $47 range is critical.
Conclusion:
$TRB long liquidation isn’t just a sell-off—it’s a signal. The market flushed out overleveraged players, and now the field is primed for a potential bounce-back move. Watch the buy zone with laser focus. If the bulls regain control, this could fuel a strong rally.
Stay sharp. The next move will be violent—either a reclaim or a deeper fall. Trade with precision.
