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【$TRB Signal】Short squeeze pullback, sniper for a second surge
$TRB 1H level rises then pulls back, 4H Bollinger Bands fully open, price firmly stays above the upper band. RSI on 1H drops from overbought to 73.8, buying depth imbalance at 35%, order book thickness shows strong support below. MACD on both cycles shows bullish divergence, 4-hour volume and price rise together, this bullish candle absorbs the volatility of the past week.
🎯Direction: Pullback to go long
⚡Entry/Order: Enter near 21.50 on pullback, aggressive traders can try a small position at current 22.20.
🛑Stop loss: 16.439
🚀Target 1: 22.307
🚀Target 2: 22.396
🛡️Trade management:
- Execution strategy: Reduce half at Target 1, keep the rest with a breakeven stop loss, aiming for Target 2. If price cannot stay above 21.80, consider exiting early.
Order book shows twice as many buy orders as sell orders, indicating clear support intent. 4H MACD histogram still expanding, this rally is supported by volume, not just a spike. Although 1H RSI is high, in this context of deep imbalance and trend continuation, prioritize following momentum. The risk-reward ratio isn't perfect, but missing the main rally would be a higher cost.
Check real-time quotes 👇 $TRB
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