#TradingTypes101 TRBUSDT $TRB represents the trading pair of Tellor (TRB), a decentralized oracle network, and Tether (USDT), a stablecoin pegged to the US dollar. This pair is actively traded on major cryptocurrency exchanges such as Binance, OKX, and Bitget.
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š Recent Market Performance
As of May 29, 2025, Tellor (TRB) is trading at approximately $64.03, marking a significant 34.51% increase in the past 24 hours. The 24-hour trading volume stands at around $449 million, with a market capitalization of approximately $170.7 million. The circulating supply is about 2.67 million TRB tokens .
Over the past week, TRB has experienced a notable surge, with prices climbing from around $30 to over $64, indicating a 92.6% increase. This upward momentum has been attributed to strong infrastructure developments and increased trading activity .
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š Technical Analysis & Trade Setups
Analysts have observed that TRBUSDT recently broke out of a multi-month falling wedge pattern, suggesting a bullish trend. Key price targets identified include:
Target 1: $54.00
Target 2: $56.50
Target 3: $63.00
A stop-loss has been suggested at $48.00, with an entry zone between $50.50 and $51.50. The bullish outlook remains as long as TRB maintains support above the $46ā$47 range .
