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TRB has recently exhibited a clear double-top pattern. After being rejected at a high level, the upward momentum has significantly weakened, and a bearish sentiment is building. From a technical perspective, the downward breakout signal of this double top is quite clear.
The current price action indicates increasing selling pressure. If this decline continues, the 19.5 level will be a key target zone to watch. In the short term, the bears may have taken the lead.
For traders, this is a cautious phase. Once the double-top pattern breaks downward, it often results in strong selling pressure. It is recommended to closely monitor price behavior, especially as it approaches the target levels.