$TRB

– BEARISH EXHAUSTION SIGN AFTER SPIKE?

SHARP DEVIATION NEAR $37.59

VOLUMINOUS INCREASE FOLLOWS WEAK CLOSE

$TRB quickly rose from $35.50 to $37.59, but is now showing signs of exhaustion. The last candle closed lower at $37.28 with a long upper wick, indicating that sellers are entering the game near the high. Despite high volume, momentum seems to be fading as the price struggles to hold the breakout zone.

Trade Setup

Short Entry: $37.20 – $37.50

Target 1: $36.10

Target 2: $35.00

Stop Loss: above $37.80

If the bulls do not reclaim $37.60 with strong volume, a pullback is likely. Caution is advised when opening new long positions at these levels.