💎 TRB is currently situated within a weekly resistance area, marking a pivotal moment for its trajectory.
💎 Examining past movements, TRB, just a week ago, experienced a substantial rejection at this level, plummeting 40% to reach a robust demand zone. Presently, TRB is retesting this weekly resistance area, following a notable rebound from the strong demand zone.
💎 A single confirmation is needed: a breakout of TRB through the weekly resistance and a daily candle closing above this resistance. If achieved, this area, once a formidable resistance, will transition into a support zone.
💎 Additionally, a prominent double bottom is visible on the chart, with the weekly resistance serving as the neckline for this pattern. A breakout in this area could effortlessly lead TRB to Target Profit 2.
Entry Strategies: Spot Buy: Purchase post-TRB breakout and once the daily candle concludes above the weekly resistance area. This strategy is designed to circumvent false breakouts, necessitating a confirmation candle close.
Short Position: Await a bearish candle rejection within the 4h-12h timeframe and establish a short position. This position should be closed if TRB breaks out of the weekly resistance and the daily candle closes above it.
Trade closed: target reached
🌴 TRB Free Signal update🌴 💎The targets for #TRB/USDT have been successfully met 🍾
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