🚀 $TRX Mid-Term Outlook – Still Room to Fly?
TRX just hit $0.351, marking a solid +4.45% daily move — and the momentum doesn’t seem to be fading yet.
📊 Key Signals for Mid-Term Holders:
• EMA(7/25/99) on all timeframes (4H, 1D, 1W, 1M) are rising → Strong bullish structure.
• RSI is overheated on all timeframes (RSI6 = 90+), but no reversal pattern spotted yet.
• MACD on weekly and monthly is still expanding upward → Trend is still strong, no divergence yet.
🔎 Resistance zones ahead:
• $0.38 – psychological barrier
• $0.45 – last historical peak
• $0.50 – long-term extension target
🛡️ Support to watch (DCA/SL zone):
• $0.30 – previous breakout zone
• $0.27 – EMA25 daily
• $0.22 – strong base from June
⏳ Conclusion:
If you’re already in TRX, holding looks solid as long as price stays above $0.30. No signs of major reversal yet.
New entries? Be cautious and wait for dips or consolidation. RSI is overheated, so chasing green candles is risky.
📌 Strategy:
Mid-term holders: Trail stop under $0.30 or EMA25 (daily). Let it run if momentum continues.
Spot holders: Consider partial take-profit at $0.38–0.45, and rebuy on dip.
📢 TRX trend is strong – but always protect your capital.