🔥TRB Short-term Stabilization Signal Released! Is the Project Team Preparing for a Second Wave of Price Surge?
1. Clear Bottom Signals in Technical Analysis
RSI Divergence Repair: Daily RSI has rebounded from the oversold zone (28) to 45, forming a 'bottom divergence' pattern, with bearish momentum diminishing.
Volume-Price Balance Stabilization: In the past 3 days, trading volume has moderately increased by 120%, and the price has stabilized above the 5-day moving average ($1.8), showing a 'bullish engulfing' reversal pattern.
2. On-chain Data Reveals Insights
Whales Accumulate Against the Trend: The top 10 addresses increased their holdings by 3.1 million TRB yesterday (accounting for 5% of circulating supply), with address labels indicating 'Project Team Treasury' and 'Crypto Fund'.
Long-Short Ratio Reversal: OKX data shows that the long-short ratio of TRB perpetual contracts has risen from 0.6 to 1.2, indicating a growing trend-following sentiment among retail investors.
3. Strong Motivations for the Project Team to Drive Prices
Market Value Management Needs: The current market cap is $22 million, halved from the historical high (38 million), and the project team needs to drive prices to maintain ecosystem enthusiasm.
Positive News Reserves Awaiting Release: The official announcement of 'significant cooperation in mid-June' has led to market speculation related to AI computing power and cross-chain bridging, potentially igniting the second wave.
For those who haven't entered the market yet, it's advisable to wait for a market pullback before entering. Definitely do not short the market, definitely do not short the market, definitely do not short the market!!! (Important things are worth repeating three times)
