$TRX /USDT 4H Trade Setup
Market Insight:
$TRX is slightly down (-0.31%) and consolidating between 0.3158 ā 0.3210, suggesting indecision near a short-term equilibrium. Despite the minor dip, the rising 7 MA at 0.3181 provides immediate support. Price is currently compressing between the 7 MA and 25/99 MAs (0.3190/0.3191), showing potential for a breakout move soon.
Entry Zone:
š¹ 0.3150 ā 0.3185
(Closer to the lower range gives better risk-reward)
Targets:
šÆ Target 1: 0.3250
šÆ Target 2: 0.3285
šÆ Target 3: 0.3340
Stop Loss:
š» Below 0.3110
(Clear invalidation level beneath support and recent low)
Key Levels:
Support: 0.3150 / 0.3110
Resistance: 0.3210 / 0.3285 / 0.3340
Pivot Point: 0.3190 (MA cluster)
Pro Tip:
Look for a 4H candle close above 0.3210 with volume above 20M to confirm bullish momentum continuation. Avoid entry if price closes below 0.3145 with rising volume, as that may signal a breakdown.
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