TRB / USDT — Detailed Candle Movement Analysis
Displayed Timeframe: Daily Chart
Notes on Candle Behavior
Sharp decline followed by gradual recovery:
From the peak of 45.6 USDT on July 27, TRB saw a series of long-bodied red candles — a sign of strong selling pressure and liquidity leaving the coin.
The bottom was recorded at 34.06 USDT on August 2, with shrinking trading volumes — a sign of weak selling pressure and the beginning of quiet buyer entry.
Beginning of the rise from the bottom:
After the bottom, consecutive bullish candles formed with gradually increasing volume, reflecting the entry of new liquidity and the potential movement by whales.
The price broke through the short moving average (MA 25) and exceeded it, even briefly reaching above the long moving average (MA 99) — indicating a temporary relative strength.
Current Situation (August 10):
The price is at 38.22 USDT with a small bearish candle after several bullish candles — often a signal of a temporary pause and profit-taking.
The lower shadows in the recent candles indicate that buyers are defending the support areas around 38 – 37.8 USDT.
Educational Notes for Followers
The price breaking above MA 25 is often the first signal that sellers have lost control, especially if accompanied by increasing volume.
The small consecutive green candles after a sharp bottom indicate gradual entry rather than a rush, which is the usual behavior of whales to avoid drawing attention.
A slight pullback after the rise does not indicate a return to a downtrend, but may just be a market calm before completing the rise.
Proposed Trading Plan for TRB
Expected Trend: Gradual rise with resistance at 39.6 USDT
Entry Area:
Between 38 – 38.5 USDT if the consolidation above this level continues.
Stop Loss:
Below 37.5 USDT (breaking this level may change the bullish scenario).
Take Profit Targets:
First Target: 39.6 USDT (short-term resistance).
Second Target: 41.5 USDT (psychological and technical level).
Third Target: 44 USDT (near previous high).
Risk Management:
Determine the trade size so that the potential loss does not exceed 2% of the capital.
Dividing targets to secure profits gradually.
