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$TRB ‌ Technical Analysis: Is This the Bottom or the Start of Deeper Bleeding? 📉
Tellor ($TRB) has broken critical short-term Exponential Moving Averages (EMAs) on the 4-hour chart. Let’s remove the panic and look at the actual macro support zones to see where buyers might step back in.
🧱 The Battle Levels on the Chart:
Immediate Resistance: The previous structural support floor has now flipped into a strong overhead resistance. Any short-term relief bounce will face heavy selling pressure there.
Macro Support Zones: If the current local support fails to hold, the next major historical accumulation blocks sit significantly lower. Watch those zones for potential double-bottom structures.
RSI Indicators: While the 1-hour RSI is entering deeply oversold territory, the Daily RSI still shows room for cooling down, meaning a slower, prolonged bleeding phase is possible.
💡 My Strategy: I am strictly staying in spot or keeping my leverage at a bare minimum. Catching a falling knife on TRB without an exact invalidation level is an account-killer.
💬 Where are you setting your buy limit orders for $TRB ? Let’s compare targets in the comments section! 📉

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TRB-2.96%
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GateUser-c9d93315
· 9h ago
good and work on progress with gate platform
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