📊 Is TRB preparing for a major move? Technical analysis reveals exciting signals

Tellor (TRB) has seen a noticeable decline in recent days, with its price dropping to around $37.

Does this represent a buying opportunity? Or is the drop not over yet? Here’s a quick technical glance.

✅ Current Technical Analysis:

Price is fluctuating around $37

Nearby resistance: $41.5

Next support: $34.2

RSI indicator in the oversold region below 30

Trading volume has decreased by 8% over the last 24 hours

✅ Influential Factors:

Volatility in the altcoin market

Moderate activity from whale wallets (non-aggressive buying movements)

No substantial news has been released about the project recently

🔚 Conclusion:

The current drop may provide a short-term rebound opportunity, especially if the price stabilizes above the $34.2 support.

With the RSI in the oversold zone, some traders may be watching for a good entry point.

📩 Do you see TRB as a current opportunity? Or is waiting a better option? Share your opinion with me.

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