🟢 $TRB Just Triggered a Short Squeeze — and the Bulls Are in Control.
In a flash move that caught bears off guard, $54.9K in shorts were liquidated at $40.49 on Tellor ($TRB ), igniting what looks like the beginning of a high-volatility bullish breakout.
📈 Price Action Snapshot:
After consolidating near $38, TRB exploded past $41, printing a fresh local high and flipping prior resistance into support. This isn’t a random pump—it’s a structure reclaim backed by aggressive momentum.
📊 Volume Confirmation:
Volume surged over 85% in the last 24 hours, confirming that this isn’t just a squeeze—it’s a trend ignition event. Momentum indicators are turning up hard, with RSI pushing into bullish territory and MACD crossing cleanly on the 4H.
🧠 Technical Outlook:
Resistance: $44.80 (local), $48.50 (range top)
Support: $40.00 (breakout level), $37.20 (structure base)
Ideal Entry Zone: $40.20–$41.00 on minor retrace
📌 Trade Setup (Momentum-Based):
Entry: $40.50 (on confirmation pullback)
Target 1: $44.80
Target 2: $48.50
Stop-Loss: $38.80 (below consolidation low)
Risk-to-reward aligns perfectly for a momentum continuation play—tight risk, high potential reward.
⚡ Momentum Like This Doesn’t Wait
TRB has cracked its ceiling and shorts are fueling the rally. With structure reclaimed and volume surging, all eyes are on a potential run toward $50+. Don’t blink—this is the kind of move that defines weekly P&Ls.$TRB
