📍#TRX Technical Analysis (2025/07/04)
TRX keeps its uptrend; here’s a quick daily, 4H, and 1H breakdown of key levels for clear trade decisions!
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【1D】
Trend: Medium Bullish
Daily price holds above the 21 EMA (~0.277) and pivot (0.278). After confirming support, TRX rebounded but stalled at R1 (0.2971). RSI ~63 and MACD turned bullish. Watch for a clean break above 0.2971 to resume the rally; otherwise, expect range-bound action.
🔹 Long Setup:
🛑 Stop Loss: 0.2607 (break S1 flips bearish)
🟢 Add Long: 0.2780 (pivot support, triggered), 0.2971 (R1 support, untriggered), 0.3144 (R2 support, untriggered)
🚀 Breakout Entry: 0.2971 (R1 break)
🎯 Take Profit: 0.2971, 0.3144, 0.3315
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【4H】
Trend: Medium Bullish
4H cleared the 200 EMA (~0.274) and downtrend line, then held above R1 (0.2814) on pullbacks to EMA9/21. DMI +DI > -DI indicating sustained medium-term bullishness.
🔹 Long Setup:
🛑 Stop Loss: 0.2678 (break S1 flips bearish)
🟢 Add Long: 0.2847 (EMA9 support, triggered), 0.2823 (EMA21 support, triggered), 0.2768 (pivot support, triggered)
🚀 Breakout Entry: 0.2960 (R3 break)
🎯 Take Profit: 0.2960, 0.2971, 0.3144
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【1H】
Trend: Small Bullish
1H price runs along EMA9/21 and broke above R2 (0.2850). Stoch is high, RSI ~62—watch for pullbacks to R2 for low-risk long entries.
🔹 Long Setup:
🛑 Stop Loss: 0.2814 (break R1 flips bearish)
🟢 Add Long: 0.2850 (R2 support, triggered), 0.2814 (R1 support, untriggered), 0.2726 (pivot support, untriggered)
🚀 Breakout Entry: 0.2950 (R3 break)
🎯 Take Profit: 0.2950, 0.2971, 0.3144
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【Strategy Summary】
Recommendations:
1. Daily: focus on 0.2971 resistance—trade range unless broken;
2. 4H: low-risk add on pullbacks to EMA9/21 or pivot, strict stop at 0.2678;
3. 1H: buy dips to 0.2850, add if 0.2950 is cleared;
4. Risk: keep single-trade risk under 2%, always adhere to stops.
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