🔻 $TRB /USDT – Sharp Pullback Sets Stage for Technical Rebound?
🔍 Momentum Analysis
Tellor (TRB) saw a sharp correction of -6.60%, now trading at a critical support level around $40.00. With declining sell pressure and deep liquidity building at lower levels, a short-term relief bounce could be in play.
📈 Current Price: $40.18
24h Change: -6.60%
24h High: $45.42
24h Low: $39.57
24h Volume (TRB): 898,218.86
24h Volume (USDT): $38.16M
⏱️ Timestamps:
2025-06-01 02:00 → $45.74
2025-06-01 18:00 → $39.13
2025-06-02 10:00 → $38.81
📊 Long Setup (Reversal Play):
Entry Zone: $39.50 – $40.20
Target 1 (T1): $42.90
Target 2 (T2): $44.30
Target 3 (T3): $45.80
Stop Loss: $38.40
✅ Breakout Confirmation:
Price reclaiming above $44.30 with volume exceeding $45M could trigger a momentum breakout.
🛡️ Key Support Zone: $38.50 – $39.50
💡 Pro Tip for Traders:
TRB reacts well to volatility spikes. Look for an RSI divergence or volume surge near $39 for early entry cues. Use tight stops to manage risk efficiently in this high-beta token.