#TRB (Tellor) is showing typical behavior of a volatile asset: a sharp rise, a pullback, and now a new attempt to reach higher levels. In the last 24 hours, the price dropped from $52 to around $47 but has since held steady and is now pushing back towards $51.
$TRB
Current figures:
Price: ~$50.70
24H High: $52.37
24H Low: $40.71
24H Volume: ~ $560 million
24H Change: +20%
What’s happening on the chart:
On the 15m and 1h charts, after the local drop from $52 to $47, the price formed a "step" and is now moving upward again.
On the 4h chart, we see the price breaking out from consolidation, and the pullback appears to be more of a "trap" for bears.
On the daily chart, the break above MA(25) is confirmed with increasing volume, signaling a trend reversal to the upside.
Why this matters:
TRB has a limited supply and is prone to sharp pumps.
Many traders likely sold positions during the pullback, and now they are forced to chase the rally.
The increasing volume confirms renewed interest, especially amidst a broader market rise.
🚀 If the rise continues — target levels:
$54.20 — first local resistance zone
$60.00 — psychological level
$67.80 — May high
⚠️ But there are risks:
Losing the $47–48 range would open the door for a return to $44 and $41.
If volumes decrease, the rally could quickly lose momentum.
Disclaimer: This is not financial advice. Always make your own investment decisions.
