📊 General Analysis of TRBUSDT (1D)

✅ Last Price: $51.661

🔼 +17.79% in 24 hours — indicating strong bullish momentum.

📌 Key Data:

24-hour High: $55.770

24-hour Low: $43.500

Volume (TRB): 20.78M

Volume (USDT): $1.07B

Mark Price: $51.705

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🔍 Technical Analysis

1. Exponential Moving Averages (EMA)

EMA 50: $48.102

EMA 200: $45.050

📈 Golden Cross has occurred (EMA 50 crossing above EMA 200) — this is a strong medium-term bullish signal.

2. Price & Market Structure

The price briefly reached a bottom area around $39.118, then rebounded strongly and broke out above EMA 200 and EMA 50.

Currently, the price is experiencing a slight pullback after a sharp rise.

Nearest support: $48.2 (EMA50)

Nearest resistance: $55.77 (24-hour high)

➡️ If the EMA50 support holds, the potential bounce back to $55–$58 is very open.

➡️ If the support breaks, there is potential for a retest to EMA200 ($45) or demand area $43.5.

3. RSI (Relative Strength Index - 6)

Current RSI: 37.754

📉 RSI shows a decline from overbought to below 40, approaching the oversold area.

➡️ There is potential for a technical rebound if the RSI bounces from this level, especially if combined with a price bounce from EMA50.

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4. Volume

High volume in the last 24 hours indicates significant buying interest (potential institutional).

However, volume decreased as the price fell → healthy correction, not large distribution.

⚠️ Trading Scenarios

🎯 Bullish Scenario (Buy Recommendation):

Ideal entry: $48.2 – $49.5 (EMA50 area or previous support)

Short-term target: $55.7, $58.75

Medium-term target: $67.84 (previous strong resistance)

Stop-loss: $44.5 (below EMA200 & previous low)

🔻 Bearish Scenario (If breakdown):

If the price breaks down and closes daily below EMA200 ($45):

Potential drop to: $39.1 or lower

This could change the market structure back to bearish

🧠 Disclaimer on : This is my analysis, further do your own research (DYOR).

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