TRB Market Analysis: Three Key Points to Overview Trend Characteristics:
Short-term Overbought and Mid-term Strong Resonance
The hourly chart has surged to 43 USDT+, with RSI reaching 88 entering the overbought zone, but the MACD red bars continue to expand, indicating that bullish momentum has not yet exhausted;
The daily chart shows three consecutive bullish candles breaking through the key level of 33.6 USDT, with increased volume stabilizing above the moving averages in a bullish arrangement, confirming the mid-term upward trend, and a short-term pullback may present a buying opportunity. Key Levels: Support and Resistance Clearly Identifiable. Support Zone: 41.5 USDT (previous high + EMA30), 40 USDT (whole number level + EMA120 + previous low) forms a double defense line; a drop below 39.5 USDT requires a stop-loss exit; Resistance Levels: 45 USDT (short-term whole number level), 46.5 USDT (progression target after breakout), breaking above 47 USDT opens up a new round of upward space.
Operational Strategy: Light Positioning to Test Long and Gradually Take Profit on Long Positions: Enter in batches relying on support at 41.5/40 USDT, with stop-loss controlled within 5%, betting on the continuation of the mid-term trend; Risk Control: In an overbought environment, positions should not be too heavy; take profit in batches when reaching resistance levels of 45/46.5 USDT, avoiding chasing highs and cutting losses; if there is a substantial drop below 39.5 USDT, exit decisively.
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