$TRB /USDT – BEARISH BREAKDOWN IN PLAY 🚨📉
🔍 TECHNICAL ANALYSIS UPDATE
Current Price: $48.42
Price Change: +10.12% (24h)
📊 KEY LEVELS:
Resistance: $51.98 (24h High), $52.20 (Major Resistance)
Support: $47.90 (Immediate), $46.75 (Key), $45.40 (Major Support Zone)
📉 MOVING AVERAGES:
MA(7): $48.41
MA(25): $49.10
MA(99): $47.34
Price is trading below MA(25) and hovering around MA(7), suggesting bearish momentum gaining strength.
📉 MACD: Bearish crossover forming — momentum may continue downward.
📈 Volume: Increasing volume on red candles = selling pressure building up.
🚨 TRADE SETUP (SHORT ENTRY):
Entry: $48.40 – $48.60
Target 1: $47.00
Target 2: $45.40
Stop Loss: $50.60 (above 24h High & MA(25))
⚠️ RISK MANAGEMENT:
Use 2-3% of account size per trade. Always set SL and manage position size based on risk-reward of at least 1:2. Don’t chase the move — wait for confirmation candles.
📉 Bear flags waving — short opportunities looking 🔥 on rejection of resistance!
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