💥$TRX /USDT Testing Resistance Amid +1.30% Rise!🔥
🌟Current Price: 0.2489 USDT (+1.30%)
🌟24-Hour High: 0.2496 USDT (Resistance Zone).
🌟24-Hour Low: 0.2429 USDT (Critical Support).
Trading Volume (24H):
🌟TRX: 281.26M
🌟USDT: 69.24M
$TRX is currently consolidating near 0.2489 USDT, showing mild bullish movement as it approaches resistance.
⚡Technical Indicators 🔎
🔸Bollinger Bands: Expanding—volatility increasing, favoring breakout potential.
🔸RSI: Neutral—room for movement before reaching extreme zones.
🔸MACD: Slight bullish divergence—momentum supports further upside but requires confirmation.
🔸Moving Averages (MA & EMA):
Short-term signals show bullish momentum—watch for continuation or rejection.
⚡Trade Setups 📝
🎖️Bullish Scenario
Type: Breakout Continuation
👉Entry Point: Above 0.2500 USDT (validated by rising volume).
👇Take-Profit Targets:
🎯TP1 (1:1): 0.2520 USDT
🎯TP2 (1:2): 0.2550 USDT
💢Stop Loss: Below 0.2475 USDT
🎖️Bearish Scenario
Type: Pullback Trade
👉Entry Point: Below 0.2475 USDT (confirmed rejection at resistance).
👇Take-Profit Targets:
🎯TP1 (1:1): 0.2450 USDT
🎯TP2 (1:2): 0.2425 USDT
💢Stop Loss: Above 0.2500 USDT
⚡Risk Management Strategy ⚠️
For Bullish Setup, adjust Stop Loss to Breakeven after achieving TP1 (0.2520 USDT) and secure partial profits (~50%).
Similarly, for Bearish Setup, move Stop Loss to Entry Price after hitting TP1 (0.2450 USDT).
⚡Key Takeaways ✍️
1. Monitor Volume Trends—validating price moves with strong trading activity is crucial.
2. Watch the 0.2496 USDT resistance zone—if breached, TRX may see extended upside movement.
3. Stick to disciplined entries/exits to optimize your risk-reward strategy.
Disclaimer: #DYOR*
Buy Or Trade With Me On $TRX
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