Coin Name: $TRX
Position: Long
Entry Price: 0.26800
On the 1-hour timeframe, TRX appears to be forming an inverse head and shoulders pattern, which is typically a bullish reversal signal. A key support level is also visible at the neckline area. If TRX holds this support, it could trigger an upward move.
Please note: This is not financial advice. Trade at your own risk.
On the 1-hour timeframe, USDT.D is forming a descending triangle ā a typically bearish pattern. If it breaks below the lower trendline, it could signal increased risk appetite, potentially triggering a bullish move across the crypto market.
On the 12-hour timeframe, there's significant liquidity positioned above the current TRX price. This could attract upward price movement as the market seeks to sweep that liquidity zone.
Leverage:10X
Targets:
1st TP 0.2700
2nd TP 0.2737
3rd TP 0.2780
4th TP 0.2820
š Special Note:
ā ļø Use only 5% of your portfolio š¼ to manage risks effectively. Avoid high leverage š« and proceed cautiously to mitigate potential losses š. Always prioritize risk management and use the DCA method ā
.
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