š Spot Trading Signal ā June 5, 2025
š¹ Coin: TRX/USDT (TRON)
š¹ Current Price: $0.2736
š¹ Entry Zone: $0.2720 ā $0.2740
š¹ Take Profit Targets:
TP1: $0.2780
TP2: $0.2820
TP3: $0.2880
š¹ Stop Loss: $0.2680
š¹ Estimated Holding Time: 6ā12 hours
š¹ Timeframe: 15-minute to 4-hour
š¹ Trend: Bullish momentum with strong buying pressure
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Analysis:
TRX is exhibiting a strong uptrend, forming higher highs and higher lows on the 15-minute chart.
The 7-period moving average is acting as dynamic support.
RSI is in the overbought zone (81.49), indicating strong buying momentum.
MACD shows a bullish crossover, and volume spikes suggest increased buying interest.
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Strategy:
Consider entering within the specified entry zone.
Monitor price action near TP levels to secure profits.
Adjust stop loss accordingly to manage risk.
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