TRB gearing up for a breakout? 🚀👀
$TRB has been consolidating in a tight range around $60 for quite some time now. However, the price is finally starting to show signs of life, closing above $62 with a solid 1.90% gain on the day. The 7-day and 25-day moving averages are coming closer together, which could signal an upcoming trend shift. This consolidation phase might be setting the stage for a breakout, and if TRB can push past $65, we might see a quick rally toward $75 or even $80!
On the flip side, we can’t ignore that volumes are still relatively low compared to past explosive movements. If buyers don't step in soon, TRB could get rejected and slip back to $55 territory. Watch out for that volume spike to confirm whether the bulls are ready to take charge.
Stay tuned, things could get exciting!🔥
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