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$TRIA Signal】Hold Cash and Watch — After a Short Squeeze, High-Range Volatility Lacks Healthy Pullback Structure
$TRIA After a single-day surge of 30%, the price has formed a wide-range consolidation at high levels. This is a typical aftereffect of a short squeeze, not a healthy continuation of a bullish trend.
🎯Direction: Hold Cash (NoPosition)
Market Analysis: On the 4H chart, there is a massive spike followed by a pullback. The latest candlestick closes with a long upper shadow, indicating strong selling pressure around 0.0194. Despite the large increase, the funding rate is only 0.005%,