Bullish Breakout Alert – $TRB /USDT
📍 Asset: $TRB (Tellor)
Short Liquidation: $5.03K at $52.709 — short-sellers squeezed, signaling potential continuation of upward momentum.
Market Overview
TRB just triggered a notable short liquidation at $52.71, a key level that now acts as a bullish support pivot. The short squeeze hints at aggressive seller exhaustion, and with price pressing higher, a breakout continuation may be underway.
Trade Setup
Entry Zones:
Pullback Entry: $52.80 – $53.30 (ideal for early positioning on minor retrace)
Breakout Entry: Above $54.60 on strong volume and bullish momentum
Stop-Loss:
🔻 Below $51.90 – beneath liquidation zone and last demand cluster
Upside Targets:
🎯 Target 1: $56.20
🎯 Target 2: $58.70
🎯 Target 3: $61.80 – high-probability resistance zone
Technical Markers
Support Zone: $51.90 / $52.70
Breakout Trigger: $54.60
Next Major Resistance: $61.80
Sentiment & Momentum
The short liquidation reflects failed bearish pressure — now fueling bullish acceleration. If price sustains above $54.60, we could see cascading buy pressure and a potential short-covering rally to upper targets.
Strategy Summary
Watch for continuation volume above $54.60. If confirmed, consider scaling into strength.
Setup offers clean risk-reward for momentum and swing traders aiming for breakout extensions.