$TRB Long Liquidation: $5.09K at $37.227 — Bears in Charge
A $5,092 long liquidation just hit for Tellor (TRB) at $37.23, indicating downside pressure.
Market Sentiment:
Bearish.
Longs are getting wiped as support levels break.
Momentum favors sellers right now.
Next Move:
Avoid longs until a bottom forms.
Hold only with tight risk.
Sell on weak bounces or failed retests of broken support.
Targets (Downside):
• Target 1: $34.90
• Target 2: $32.75
• Target 3: $30.10
Stop Loss (if shorting): $38.60
Resistance Level: $38.20
Summary:
$TRB just cracked below a key zone, liquidating leveraged longs.
If price can’t reclaim $38+, expect further bleed.
Caution for bulls — no clear reversal yet.
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