* TRB/USDT – 1H frame
1. Trend overview
Short-term trend: Forming a strong bounce from MA25 → likely to test the nearest peak at 56.88
Current price: 51.602 USDT
The most recent bullish candle is strong, breaking out of the previous accumulation area
2. Technical indicators
- MA (Moving Averages)
MA(7): 49.545 (price has strongly surpassed)
MA(25): 48.895 (medium-term support)
MA(99): 40.554 (long-term trend is still increasing)
- A clear bounce from MA25, combined with a breakout candle confirming the upward momentum.
- RSI(6): 89.25
Extreme overbought (> 80) → Warning of short-term correction risk or distribution
However, the high RSI also indicates strong breakout momentum
- MACD
Positive MACD + expanding, Histogram starting to rise → bullish momentum signal
- Stochastic (K: 82.54 / D: 75.89 / J: 95.83)
Currently in the overbought area but not showing a decrease in divergence → may continue to rise slightly before adjusting
- Volume
Volume suddenly increased again along with the bullish candle → indicating cash flow pushing the price
- Trading
1. Long
Continues to rise or wait for a slight pullback to MA7 (49.5)
- Long strategy
Entry: 50.8 – 51.6 (can enter at the current price or wait for a retest)
TP1: 54.5 (near resistance area)
TP2: 56.8 (previous peak)
SL: 48.8 (below MA25)
> Risk: High RSI → should enter less, split orders or quick scalping.
2. Spot
Entry: 50.8 – 51.6
TP1: 54.5
TP2: 56.8
SL: 48.5
> Spot can hold longer if the daily closing price is above 52.6 (breaking neckline)
3. Short (Not encouraged at this time)
RSI, volume, and MACD are all leaning towards an increase.
If wanting to short, wait for a strong reversal candle in the 55–57 area combined with RSI + volume divergence.
- Important note
High RSI is prone to bull traps → if entering a Long position, need to set a tight SL
Do not FOMO when the price just broke out, should wait for a pullback to MA7 or the 50.5–50.8 area
Increased volume is a sign of rationalizing entry if it continues.
