$TRX /USDT Trade Setup
Market Insight:
$TRX is showing moderate bearish momentum, down 1.18% in the last 24 hours, but remains in a broader uptrend (up 88.29% YoY and 37.96% over 180 days). Current price sits at $0.3024, near the 24h low of $0.2975, which could offer a near-term bounce opportunity. MACD and SAR suggest short-term weakness, but macro structure remains bullish.
Entry:
Buy Range: $0.2970 – $0.3030
(Accumulation near SAR support and 24h low)
Targets:
Target 1: $0.3100
Target 2: $0.3165
Target 3: $0.3250
(Aligned with short-term resistance zones and previous local highs)
Stop Loss:
$0.2945
(Below key support and recent SAR flip zone)
Key Levels:
Support: $0.2970 / $0.2945
Resistance: $0.3068 / $0.3100 / $0.3165
SAR (Bearish): $0.3068
SAR (Bullish): $0.2978
Pro Tip:
TRX has a history of slow, steady gains. Use trailing stop-loss after hitting Target 1 to maximize upside. Watch for volume spike near $0.3100, which could signal breakout continuation.
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