$TRX
📊 Market Snapshot
Current Price: ~$0.3026 USDT
24‑Hour Range: $0.2975 – $0.3028
Weekly Gain: ~+6–6.8%
Volume: ~$0.8–0.9 B daily — robust liquidity
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🔍 Technical Context
Short‑Term Trend: Cautiously bullish — TRX sits above 50/100/200 EMAs; RSI ~47 (neutral), MACD slight buy signal
Momentary Overheat Warning: Intraday RSI and Stoch RSI suggest a mild overbought setup – caution advised
Support Zones: $0.295 – $0.298 (recent consolidation area)
Resistance Levels:
R1: $0.306–$0.308 (24h high)
R2: $0.315–$0.318 (monthly channel top)
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📈 Intraday Trade Setup
Stage Price Level Rationale
Buy Dip **$0.295 – $0.297** Entry near support, aligns with weekly mean
Stop Loss $0.292 Below recent swing low for risk control
Take Profit 1 **$0.306 – $0.308** Approaching intraday high
Take Profit 2 **$0.315 – $0.318** Upper range of July forecast (~$0.3165)
Take Profit 3 (Aggressive) $0.330 – $0.335 If breakout resumes with momentum