$TRX
📊 TRX/USDT – 4H Ascending Channel Accumulation Setup

🕓 Timeframe: 4H

💰 Current Price: $0.2729

📈 Trend Context: Price is respecting an ascending channel. Currently consolidating sideways near mid-to-upper channel, showing signs of accumulation and possible bullish continuation.

🟩 Entry Plan (Long Bias):

📌 Entry Options:

Aggressive Entry: $0.272 – $0.2735 (current accumulation range with bullish candle confirmation)

Retest Entry (Safer): $0.268 – $0.270 (support zone from last low bounce)

Dip Buy Entry: $0.259 – $0.261 (near lower channel trendline)

🎯 Take-Profit Targets:

TP1: $0.280 (upper channel resistance)

TP2: $0.288 (measured move above resistance)

TP3: $0.295 (extended channel breakout target)

🛡️ Stop-Loss:

SL: $0.257 (below trendline and key support)

⚖️ Risk-Reward Example:

Entry: $0.270

SL: $0.257

TP2: $0.288 → Risk:Reward ≈ 1.38:1

🔄 Alternate Bearish Scenario:

If price fails to hold $0.257:

📉 Downward move toward $0.245 and possibly $0.230

Channel breakdown confirmed on high volume and close below trendline

✅ Confirmation Triggers:

✅ Bullish engulfing or strong candle close above $0.274

✅ Increasing volume on breakout attempts

✅ Higher lows within accumulation zone

🔥 Signal Strength:

Moderate – Price is inside a long-term bullish channel, but needs breakout confirmation. Ideal for staged entries or quick scalps unless breakout volume confirms.