$TRB ๐ Buy and trade now ๐ฐ
$TRB /USDT Technical Analysis: Bullish Momentum Building for 19.6% Upside ๐ฏ
Tellor (TRB) demonstrates strong recovery structure with bullish technical confirmation across multiple timeframes. Current price action suggests continuation potential toward significant resistance zones.
Technical Structure Analysisโจ
1๏ธโฃ Current Price: $50.18 (+15.8% from $42.33 low)
2๏ธโฃ 24H Volume: $24.97M (confirms institutional interest)
3๏ธโฃ Trend Direction: Bullish momentum with higher lows formation.
Key Technical Indicators
โข RSI: 65 (bullish zone without overbought conditions)
โข MACD: Bullish crossover confirmed with expanding histogram.
โข Moving Averages: Price above both 50 EMA and 200 EMA (strong uptrend validation)
Strategic Trade Setup:
Entry Zone: $49.80-$50.20 Stop Loss: $46.40 (-7.5% risk) Target 1: $53.00 (+5.6%) Target 2: $56.50 (+12.6%) Target 3: $60.00 (+19.6%)
Critical Level Watch:
$51.00 resistance requires volume confirmation for breakout continuation. Failure could trigger short-term consolidation before next leg higher.
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