$TRB ๐ Buy and trade now. ๐ฐ
Tellor ($TRB ) Technical Breakout Alert๐ฅ
TRB's decisive bounce from $39.40 support signals strong accumulation phase with momentum indicators confirming bullish divergence. Price action shows clear demand zone formation with increasing volume profile validating buyer conviction at current $41.78 level.
The technical setup presents optimal risk-reward with immediate resistance at $44.83 serving as primary target. Secondary projection at $47.00 aligns with previous resistance-turned-support structure.
Entry window remains tight at $41.50-$42.00 with downside protection at $39.00, creating 2.3:1 reward ratio on initial target.
Watch for 15-minute candle close above volume-weighted average price for confirmation before position sizing appropriately.
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$TRB ๐ Buy and trade now. ๐ฐ
