$TRX

Is the TRX pair building momentum for a breakout?

The TRX pair is showing a strong rebound from its recent lows, now re-testing the resistance area of 0.3135-0.3140. Buyers are stepping in as higher lows are formed, indicating the potential for a breakout if the momentum continues. A clear breakout above 0.3145 may open the way for higher targets, while a rejection could lead to another drop towards support.

Trading Setup:

Entry: 0.3130 - 0.3135

Target 1: 0.3160

Target 2: 0.3180

Stop Loss: 0.3105