Here’s a quick technical breakdown of why this looks like a **potential buy setup**:
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### ✅ **Bullish Signals:**
1. **Breakout from Bull Flag:**
* After hitting a local high of **41.648**, TRB corrected slightly and formed a **bull flag** (a small consolidation downward). * It’s now **breaking above** the flag, indicating bullish continuation.
2. **Moving Averages Support:**
* Price is **above MA(7)**, **MA(25)**, and **MA(99)**. * MA(7) > MA(25) > MA(99), showing **short-term bullish momentum**.
3. **Strong Volume Spike:**
* Volume has picked up during the breakout, confirming **buyer strength**.
4. **Support Levels Holding:**
* The recent low of **39.707** held as strong support. * Price has built higher lows, a bullish structure.
5. **Bid/Ask Strength:**
* Order book shows **strong buy-side interest** (buyers pushing close to the ask).
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### 🟢 **Buy Entry Suggestion:**
* **Entry:** Around **41.55–41.60** * **Target 1:** 42.38 (resistance area) * **Target 2:** 43.07 (next resistance zone) * **Stop Loss:** Below 40.99 or safer below 40.30 (recent MA support)
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### ⚠️ **Note:**
* 24h trend is still down (-6.46%), so this is likely a **short-term scalp/intraday** opportunity. * Use **tight risk management** if holding for short durations.
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