📈 Analysis and forecast for $TRB : what's next? 🚀
As of June 4, 2025, 11:03 EEST, the rate $TRB on Binance is $51.3, with a 23% increase over the last 24 hours (according to user data). The trading volume for the day is $43.51M, market capitalization is $197.11M with a circulating supply of 2.63M tokens (market data). The increase is associated with bullish momentum after breaking through key resistance at $46.29 and confirming a double bottom on the 4-hour chart.
Technically, $TRB shows a strong bullish trend. On the 4-hour chart, the price is moving towards the next resistance at $53.23, as noted by traders on X. RSI (around 70) indicates overbought conditions, which could lead to a correction. Resistance is at $53.23, support is at $46.00. Breaking through $53.23 will open the way to $60–$62, while falling below $46.00 will intensify the correction to $40.
Forecast: by the end of June, TRB could reach $60–$70 if trading volume is maintained (according to market analysis). By the end of 2025, a rise to $100–$120 is possible (Ambcrypto), if the bullish trend continues. The long-term target for 2026 is $150+, assuming increased interest in Tellor. However, overbought conditions and volatility are risks.
Further prospects? The price of $51.3 is close to resistance at $53.23. A 23% increase in a day is a strong signal, but take profits at $62.00. Set a stop-loss at $46.00. On X, traders are waiting to test $60, advising to monitor volumes. Considering the momentum and possible correction, trade cautiously! #TRB #Binance #CryptoAnalysis
