$TRX /USDT: Accumulation Breakout Setup
TRX is consolidating just below yearly highs with rising volume. A breakout above $0.2975 could trigger the next leg up.
Entry Zones:
Aggressive: $0.2970–$0.2975
Conservative: $0.2950–$0.2960
Targets:
T1: $0.3000
T2: $0.3030
T3: $0.3050
Stop Loss: $0.2930
Key Points:
Accumulation phase with increasing volume
RSI around 60 showing bullish control
Trading near breakout zone with strong structure
Plan:
Scalpers: Trade inside $0.2960–$0.2980 with tight stops
Swing Traders: Wait for break and hold above $0.2975
Watch:
Breakout with volume = quick move to $0.3000+
Rejection = Range continues or pullback to $0.293
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