Dear followers 💞💞 $TRX Launches with a Flash but here is question it's Wick Opportunity or Trap❓ Let's discuss it.....
After a sudden spike to $0.2953 and an equally sharp retrace $TRX is now consolidating just above the support zone of $0.2717. This type of price action often signals a liquidity sweep before a stronger leg up. StochRSI is mid-range, suggesting room for bullish momentum if volume confirms.
📊 Long Trade Setup (4H Timeframe):
• Entry Zone: $0.2720 – $0.2770
• Take Profit 1: $0.2840
• Take Profit 2: $0.2900
• Take Profit 3: $0.2965
• Stop Loss: $0.2660
With 66% buy pressure on the order book and strong recovery from the wick low, TRX is worth watching for continuation moves. A close above $0.2800 would likely trigger more buyers.