$TRX Nearing Key Resistance – Breakout Loading? 🔥📈
On the 1H chart, $TRX is trading at $0.2618, up +1.87%. The 24H high is $0.2661. On the weekly timeframe, TRX is knocking on the door of a major resistance around $0.2650 - $0.2660. A clean break above could ignite the next bullish wave!
✅ Testing Major Resistance Zone:
TRX is right at a key level – eyes on it for that potential breakout!
Potential Long Targets if Breakout Confirms:
🎯 $0.2661 – Immediate target (24H high)
🎯 $0.2700 – Next key resistance
🎯 $0.2800 – Further bullish target
🛡️ Key Resistance to Break:
$0.2650 - $0.2660 – This zone needs to flip into support for upside continuation.
🛡️ Support Levels to Watch (if rejection happens):
$0.2600 – Near-term support
$0.2550 – Deeper support zone
🛑 Stop Loss Idea (for breakout trade):
Set your stop just under the breakout level – around $0.2640 – to manage risk in case of a fakeout.
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Let’s see if TRX can break through and ride the wave up!
Trade smart, fam!
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