TRB has re-entered a long-standing macro range between $9.93 and $44.24, a zone it previously consolidated in for over a year. Current price action and volume behavior suggest we could be in for another extended accumulation phase.
Key Highlights:
Macro Range Reclaimed: Weekly candle closes confirm acceptance back inside range
Low Volume Environment: Subdued volume across the board reduces breakout probability
Historical Precedent: TRB traded sideways here for 371 days before its last breakout
Key Highlights:
Macro Range Reclaimed: Weekly candle closes confirm acceptance back inside range
Low Volume Environment: Subdued volume across the board reduces breakout probability
Historical Precedent: TRB traded sideways here for 371 days before its last breakout
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Free Alpha Group t.me/freetradingden
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.