$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

---

🔍 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)

---

📈 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

#ArbitrageTradingStrategy