TRX Breakthrough Imminent! Bulls Frenzied Buying, FOMO Sentiment Soars, Key Battle at 0.2735!
Current TRX Price 0.2735, below MA200 (0.2754) but the Bollinger Band position at 74.7% indicates proximity to resistance zone. 24-hour increase of 0.74%, but trading volume shrank by 38.6%, with strong buy pressure on the order book (buy/sell ratio 2.06x). Short-term short suggested: Entry 0.2735, Stop Loss 0.2740, Target 0.2700, Risk/Reward Ratio 7:1. Risk: Dense buyer liquidity may trigger a breakout rebound, position control within 2%.
Technical Analysis
Price below MA200 and holding cost, Bollinger Band 74.7% high position warns of overbought risk. Volume shrinking by 38.6% indicates lack of market momentum, price volatility diverging from volume. Key support: 0.2709 (buyer liquidity accumulation zone), 0.2686 (Bollinger Band lower band); Resistance: 0.2735 (seller concentration zone), 0.2752 (MA200). The order book shows a total buy order value of 2.125 million USDT significantly higher than the sell orders of 1.690 million USDT, but seller liquidity above 0.2735 (3.045 million USDT) constitutes strong resistance, with a liquidity gap above 0.2740 easily triggering stop-loss.
Market Cycle Analysis
In a consolidation accumulation phase, 24-hour increase has not surged in volume, trend sustainability is weak.
Trading Strategy
• Entry: 0.2735 (aggressive short position, resistance zone pressure)
• Stop Loss: 0.2740 (breakout resistance failure point)
• Target: 0.2700 (support zone)
• Risk/Reward Ratio: 7.0
Risk Warning
Market Risk: Buyer liquidity (e.g., 0.2731 gathering 235k USDT) may drive a breakout; funding rate of 0.0001 low shows balance between long and short, unexpected favorable news (e.g., TRON ecosystem news) could reverse. Conditions for strategy failure: Price breaking above 0.2740 requires closing position. Operation: Single risk ≤ 2% of total capital, avoid low liquidity periods (e.g., Asian nighttime).
Like and follow for real-time updates, welcome to leave comments to discuss strategy details!