$TRB: Strong Rejection at Trendline Resistance: $TRB Short Entry
SHORT SETUP TRB
Entry: $22.4500 - $22.5500
Stop Loss: $23.3000
Take Profit: $20.9000 (2R)
Key Levels: Support $20.0000 | Resistance $22.7700
Technical Analysis for $TRB: Price sits near the 4hour resistance at 22.77, above all EMAs and the Bollinger upper band. RSI 78.6 and stochastic 95.7 signal overbought, while MACD histogram stays positive, showing lingering bullish momentum. Risk is a pullback to the 21.5820.0 support zone. A break below 22.5 with volume could confirm a short; watch for a move under 22.0 as entry.
Market Context: BTC is in a bullish trend on both 4H and 1D frames, and the overall market breadth is broadly positive, supporting riskon
SHORT $TRB
SHORT SETUP TRB
Entry: $22.4500 - $22.5500
Stop Loss: $23.3000
Take Profit: $20.9000 (2R)
Key Levels: Support $20.0000 | Resistance $22.7700
Technical Analysis for $TRB: Price sits near the 4hour resistance at 22.77, above all EMAs and the Bollinger upper band. RSI 78.6 and stochastic 95.7 signal overbought, while MACD histogram stays positive, showing lingering bullish momentum. Risk is a pullback to the 21.5820.0 support zone. A break below 22.5 with volume could confirm a short; watch for a move under 22.0 as entry.
Market Context: BTC is in a bullish trend on both 4H and 1D frames, and the overall market breadth is broadly positive, supporting riskon
SHORT $TRB
