$TRX /USDT Market Update
๐ Price: $0.117
๐ 24h Low: $0.113
๐ 24h High: $0.119
๐ฆ Volume: Rising gradually with green candles forming on daily chart.
๐ Technical Overview:
TRX is currently forming a potential bullish reversal pattern after a healthy correction. It has respected the previous support near $0.113, which historically acts as a demand zone.
The current breakout above the 1D EMA zone with improving volume signals a possible move toward the upper resistance area.
๐ Signal:
Position: Long (Buy)
Entry Zone: $0.115 โ $0.117
Take-Profit Targets:
TP1: $0.123
TP2: $0.127
TP3: $0.129+ (depending on BTC stability)
Stop-Loss: Below $0.112 (tight SL for risk control)
๐ง Strategy Suggestion:
Use 25โ30% capital at entry and scale in above $0.119 if volume continues to increase.
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