TRX Evening Trading Strategy
Key Support and Resistance Levels
Short-term Resistance Level: $0.27953
Key Support Level: $0.27753 (if broken, may retest $0.2760)
Upward Target: $0.2830-$0.2850 (if the resistance level is broken with volume)
- Potential Pullback Target: $0.2750-$0.2730 (if support fails)
Trading Suggestions
1. Bullish Strategy
- Follow the Breakout: If the price stabilizes above $0.27953, enter a small position to go long, with a stop loss set below $0.2770, targeting $0.2830-$0.2850.
- Buy on Pullback: If the price oscillates between $0.27753-$0.27953, consider building a position near the support level in batches, with a stop loss at $0.2760.
2. Bearish Strategy
- Short Opportunity: If the price breaks below $0.27753 and the rebound is weak, consider going short, with a stop loss at $0.27953, targeting $0.2750-$0.2730.
