$TRX – Bullish Reversal Outlook

Current Price: $0.2711

Support Zone: $0.2670 – $0.2710

Resistance Levels:

Minor: $0.2740 (confirmation trigger)

Major: $0.2780 / $0.2820 / $0.2860

Trade Setup – Long Bias

Entry Zone: $0.2710 – $0.2720 (ideal for low-risk entry)

Stop Loss: $0.2670 (below structure; invalidates the setup if breached)

Targets:

TP1: $0.2780 (near-term resistance)

TP2: $0.2820 (previous swing high)

TP3: $0.2860 (extension target if momentum sustains)

Market Context & Confirmation

Volume Watch: Look for a spike in buy volume above $0.2740 to confirm bullish intent.

Price Action Clue: A strong 4H or daily close above $0.2740 with follow-through would increase confidence in this move.

RSI/Indicators: If RSI is climbing from 40–50, this adds further confluence to bullish strength.

Strategy Summary

As long as $TRX holds above $0.2670, this remains a valid long opportunity with a favorable risk-to-reward ratio. Momentum above $0.2740 could accelerate the move to higher targets, especially if supported by broader market strength (e.g., BTC/ETH upticks).