TradeCityPro | TRBUSDT Solid Coin for Spot with Target Review👋 Welcome to the TradeCityPro channel!
Let’s analyze the TRB coin from a spot perspective, avoiding a focus on futures, while examining its technical triggers and potential targets.
🏆 Bitcoin Overview
Before diving into TRB, let’s quickly touch on Bitcoin. Last night, BTC experienced a sharp corrective move with some FOMO-induced sell-offs, causing market-wide fear. However, the dip was primarily confined to Bitcoin, and it quickly rebounded.
Corrections like this are typical during a bull market, and maintaining calm is crucial. With proper risk management in place, such moments shouldn’t lead to panic. Remember, the worst-case scenario is hitting a stop loss, but often, positions don't even get triggered in such volatile conditions.
📅 Weekly Time Frame
TRB is among the coins that experienced a significant pump of over 1,000% before the bull market even began. A key positive aspect is that it never returned to its previous yearly low, similar to Solana.
After this strong upward movement, it consistently bounced off a robust support level, indicating that sellers are losing momentum and buyers are entering the market.
Additionally, a downward trendline is evident, which is more of a continuation pattern. Breaking this trendline doesn’t require a specific trigger; after the breakout, we’ll invalidate all lower-high resistances, leading to higher price movement.
With the current weekly candle, we can open a position in spot trading because , The candle has significant volume , It has broken the trendline , RSI is poised to enter overbought territory next week.
Fibonacci Analysis for Targets
By drawing a Fibonacci retracement from a clear high (ignoring FOMO-driven peaks), we can identify The 52.37 level aligns with the 0.382 Fibonacci level, making it a strong support zone.
Target Levels :After breaking the 136.49 resistance, there are no significant resistances until Fibonacci extensions at: 243.12 - 623 - 1219
These levels are realistic, assuming TRB reaches a market cap of $2 billion, which depends on its ongoing development and adoption.
💡 BTC Pair Insight
On the TRB/BTC pair, the coin has formed a green candle after bouncing from the 0.000723 support level.
The good news is that TRB consolidated during its downtrend rather than continuously falling.
After breaking 0.001215, a significant upward trend can begin , RSI breaking 50.80 would provide additional momentum confirmation.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
