$TRX
🚨Quick Analysis for TRXUSDT Futures🚨
⌛15m Timeframe⌛
📈 Trend Direction (Futures): Short-term downtrend/consolidation.
💰 Entry Price: Around 0.2450 - 0.2455
🎯 Targets:
🥇 0.2460
🥈 0.2470
🥉 0.2480
🛑 Stop Loss🫸 : 0.2435
📢 LEVERAGE X5-X10 🔥
🔧 Analysis Equipment:
◽ MA(7, 99, 200): Price below MAs; indicates recent bearish pressure.
◽ MACD: Not visible on chart; recent price action suggests potential bearish crossover or weakening momentum.
◽ RSI(14): 42.55; Neutral, with room for movement in either direction.
◽ CCI : -45.99; Below zero, indicating price below its average, bearish momentum.
◽ Order book : 73.19% Buy, 26.81% Sell; Strong buyer dominance in open orders.
🧬 Fibonacci:
0.2490
0.2505
0.2520
0.2540
💧 Liquidity: Appears solid based on order book and volume data.
📰 News Sentiment: Recent news suggests potential bullish momentum building for TRX, partly driven by ecosystem developments and correlation with Bitcoin.
📝 NOTE: TRXUSDT on 15m shows short-term weakness, but strong order book buying interest and positive news suggest potential for upward move. Manage risk.