$TRX Today's Pro Trading Plan: TRX/USDT - May 9, 2025

1. Primary Bias & Setup:

• Bias: Long (Intraday Trend Continuation)

• Market structure shows a bullish breakout above the 20 MA (0.2474) with price holding above the 200 MA (0.2338). Momentum is confirmed by +1.72% price action and rising volume, suggesting continuation toward recent highs.

2. Entry Zone:

• Optimal entry: 0.2520–0.2540 (retest of breakout zone + FVG support).

Confluence:

• 20 MA dynamic support

• High-volume node near 0.2520

• Liquidity pool below 0.2500

3. Stop Loss Placement:

• SL: 0.2495 (below 24h low and swing liquidity). Invalidation triggers on a 4h close below 0.2500.

4. Risk/Reward Ratio: 1:3 (0.2540 entry, 0.2495 SL, 0.2646 TP2).

5. Profit Targets:

• TP1: 0.2580 (24h high, conservative exit)

• TP2: 0.2646 (swing high, trend continuation

• TP3: 0.2700 (extension beyond range high)

6. Market Sentiment:

• Bullish divergence in volume (94M vs. 20 MA avg 322M) indicates accumulation. Momentum favors longs with no significant sell-side liquidation clusters above 0.2580.

7. Invalidation Plan & Contingency Setup:

• If SL hits, flip bias to **short** below 0.2495, targeting 0.2437 (swing low) with SL at 0.2525. R:R 1:2.

Execution Notes:

Monitor 15m closes above 0.2540 for confirmation. Scalp partials at TP1, trail balance. Adapt if USDT pair volume dips below 100M.