$TRX /USDT ⚡️ Breakout Watch🤔🔐👇
Chart Timeframe: 1H & 1D
Current Price: 0.2483 USDT
Chart Pattern Analysis & Trend Signal:📊📉
$TRX is forming a bullish structure near the breakout zone, with consistent higher lows on the chart.
On the 1D chart, price is holding above the CHoCH level and maintaining its uptrend. On the 1H chart, price is repeatedly testing the supply zone.
Why Bullish🤔💥
Price is holding above key EMAs (bullish signal)
Strong support zones around 0.2453 and 0.2417
RSI at 53.66, still in a healthy range with upside potential
Trading Strategy Plan:👨🏫
Buy Zone: 0.2430 – 0.2455 USDT✅
Target 1: 0.2540 USDT🎯
Target 2: 0.2640 USDT🎯
Stoploss: 0.2380 USDT☣️
Formed Candle:📊
Bullish pressure candle with rejection wicks from the downside
Sentiment: Positive momentum with a potential for short squeeze
Pro Tip: 🧑🏫
For safer entry, wait for a candle close above 0.2500 with strong volume confirmation.
👨❤️👨“Patience is key. The market rewards those who wait and react wisely.”
Disclaimer: ⚠️
This is for educational purposes only. Do your own analysis and manage your risk properly.
