$TRB is Heating Up – Shorts Just Got Squeezed at $47.54
An aggressive short liquidation worth $9.62K has just triggered at $47.54, signaling a strong bullish wave building behind $TRB . This move suggests bears were caught off guard, and bulls are now gaining control of the momentum. The market is showing signs of acceleration and could be setting the stage for a breakout.
Technical Analysis and Strategy
Buy Zone: $46.80 to $47.60
This range acts as a potential accumulation zone. It’s where the recent liquidation occurred and could now flip into strong support if buyers maintain pressure.
Immediate Resistance: $49.80
Watch this closely. A breakout above this level could invite a sharp rally as sidelined traders jump in.
Target 1: $52.20
Historical price memory and a key level where the last rejection occurred.
Target 2: $56.70
If momentum stays strong, bulls could aim for this extended target, especially if volume surges and Bitcoin remains stable.
Stop Loss: $45.40
A clean invalidation point below the buy zone and recent structure lows. If this breaks, downside pressure could increase rapidly.
Conclusion
With shorts liquidated and bulls in control, $TRB is entering a high-volatility zone. Stay sharp — this is the kind of setup where markets make their move. A breakout above $49.80 could ignite the next rally leg. Guard your entries, manage risk, and watch the volume.