Short Entry upon Wedge Breakdown for TRB
Greetings, Snipers!
We can short once there is a breakdown of this support.
TP1 at $24.4
TP2 at $16.6
Please ensure risk management and stop-loss (trailing $31, $34, $36 for futures) as this coin has a pump-and-dump nature. There is a price discrepancy with TRB futures, so beware of the funding rate.
Happy Sniping!
- TRB has risen over 200% in less than a month during a bear market
- The pump and dump forms a rising wedge
- In the shorter timeframe, there is a clear diagonal support
We can short once there is a breakdown of this support.
TP1 at $24.4
TP2 at $16.6
Please ensure risk management and stop-loss (trailing $31, $34, $36 for futures) as this coin has a pump-and-dump nature. There is a price discrepancy with TRB futures, so beware of the funding rate.
Happy Sniping!
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