$TRB 🔥 🔥 BLASTING MOVES 🔥 🔥
Chart Overview
🔎 Trend: Sideways with bullish bias
🧩 Technical Levels:
Immediate Resistance: $53.20 — rejection zone from last rally
Major Resistance: $58.00 — neckline of inverse H&S pattern
Immediate Support: $47.50 — near-term demand zone
Major Support: $43.20 — last strong bounce zone
📈 Indicators:
RSI (14): 58 — bullish but not overbought
MACD: Slightly bullish crossover, building momentum
Volume Profile: Concentrated around $47–$51, indicating strong accumulation
Bollinger Bands: Tightening — breakout likely
🧠 Chart Pattern:
Inverse Head & Shoulders forming on 4H chart — bullish reversal pattern in play
Volume Surge on right shoulder — often precedes neckline breakout
---
🎯 Trading Strategy
📌 Bullish Scenario:
Entry: On breakout above $53.20 with strong volume confirmation
Target 1: $58.00 — neckline target
Target 2: $65.00 — psychological resistance & fib extension
Stop-Loss: Below $46.90 — invalidates bullish structure
🌀 Pullback Buy Strategy:
Accumulate near $47.50 on healthy correction with support confirmation
Re-entry for swing traders with tight stops near $45.50
Market Correlation: Sensitive to BTC/ETH movements
---
📢 Disclaimer
> This content is for educational purposes only and not financial advice. Crypto markets are highly volatile, and trading involves risk of loss. Always DYOR (Do Your Own Research) and use stop-losses and proper risk management strategies when investing.
#BigTechStablecoin #Share_or_Quote_This_Post #like_comment_follow