Is TRB's current market situation a buildup before a rebound, or a continuation of the plunge?

From a technical analysis perspective by Uncle Luo, the overall trend is still weak and volatile.

The price is currently hovering around 56.4, with weak volume, resembling bubbles in stagnant water in the short term.

The bears are dominant, and the market has not yet escaped the danger zone.

1. Rhythm Analysis: The market is bearish, and weak rebounds are the main theme.

You need to know, this is not the charge of a bull market; it is a transition period of downward fluctuations.

The lower Bollinger Band is constantly pressing down, and the KDJ is oscillating at the bottom with no momentum for the bulls.

There may be a technical small rebound in the short term, but don't fantasize about a V-shaped reversal; the rebound pressure is very high, and the 60 mark is a clear resistance level.

If the rebound loses steam, it may fall back to 52.86, or even test the deep water zone at 46.56.

2. What do the technical signals say?

Candlestick:

Previously, there was a continuous “black three soldiers” bearish structure, with bears hitting hard.

Although there was a hint of a rebound with “pregnant line + bottom split type” in between, it is all false moves until confirmed.

Volume:

There was a high volume sell-off at the previous high, and after the drop, the volume has clearly shrunk—bears are also starting to wait for opportunities, typical of a downward continuation structure.

KDJ, RSI, Bollinger Bands:

All are signaling one message:

Short-term oversold, a rebound may occur, but the rebound space is not large, and the medium-term trend remains bearish.

3. How to arrange the strategy?

If you want to go long:

It is best to wait for the price to pull back to around 54.48 before considering an entry; that is where the lower Bollinger Band overlaps support, providing a basis for a short-term rebound.

The stop-loss must be set at 52.864; once it breaks, this wave may not be a washout but an accelerated decline.

If you want to go short:

Wait for the rebound to hit around 60.26; that is where the middle band + previous high position is, and the bears may exert force again.

Set the stop-loss at 62; if even the middle band is broken, it indicates a trend reversal, and you cannot remain short.

This is not an opportunity for a full-on bottom fishing; it is a window for ambushing the rebound.

During the bear phase of volatility, light positions with trial orders + strict risk control is the way to go.

Rushing in blindly will result in getting caught in the middle of the rebound, becoming a liquidity supplier for the main force.

But if the rhythm is well-timed, this wave of volatility can also yield decent short-term profits.

The short-term rebound is weak, with strong resistance around 60.

If it breaks below 52.86, the market may head into deep water.

Now is the short-term rhythm of “betting weak against strong,” not a time for emotional full-on buying.