$TRX
Technical Analysis for TRX/USDT (Daily Frame)
Current Price: 0.2465 USD
Highest Price of the Day: 0.2504 USD
Lowest Price of the Day: 0.2465 USD
Moving Averages:
USD EMA(7): 0.2470
USD EMA(25): 0.2480
USD EMA(99): 0.2520
RSI Indicator: 59.5 – In the positive neutral zone
Trading Strategy Idea $TRX :
The price is moving above the short and medium-term moving averages, indicating positive momentum. The RSI at 59.5 means that the currency is in a neutral area with good upward momentum.
Entry: Close of the daily candle above 0.2500 USD.
First Target: 0.2550 USD
Second Target: 0.2600 USD
Stop Loss: 0.2400 USD
RSI: 59.5 – Positive Momentum
Note: Take partial profits at the first target.
