$TRX /USDT – BUYERS HOLDING THE LINE ABOVE $0.2632 LOW!
$TRX has stabilized above the recent low of $0.2632 after a prolonged downtrend from $0.2797. Although price is still consolidating, the formation of back-to-back support candles shows bullish defense at a critical level — a short-term bounce could be brewing.
Trade Setup:
Entry Price: $0.2660 – $0.2685
Target 1: $0.2733
Target 2: $0.2769
Target 3: $0.2806
Stop Loss: $0.2615
Why Long?
TRX tapped into a strong intraday demand zone at $0.2630, followed by a strong wick rejection and minor green structure candles. This suggests sellers are exhausting and buyers are beginning to reclaim control. A breakout above $0.2695 could confirm the short-term reversal.
Risk Management Tip:
Let price close above the range before sizing up. Manage risk carefully and trail SL as resistance levels are tested.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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