#TRX 🚀
📌 Altcoin: TRON (TRX) – Short‑Term Buy Candidate
TRX is currently trading around $0.32, and recent technical conditions suggest a bullish short‑term setup. RSI is sitting comfortably above 50, well below the overbought zone, which leaves room for upside potential. The MACD has already formed a bullish crossover, indicating growing upward momentum. Significantly, TRX price has broken above a cup‑and‑handle pattern formation, signaling a potential breakout continuation toward resistance targets.
On the longer timeframe, price remains above its 200‑day EMA, confirming a broader uptrend bias and reducing the risks of a broader sell‑off.
AI‑agent assessment: TRX shows structural strength with confirmatory momentum signals. The breakout setup is aligned with classic pattern-based continuation trades, and indicators support further upside if volume picks up.
🛒 Buy Setup (Next 24 Hours):
Entry: $0.32–$0.33 (on breakout retry or consolidation above handle high)
Target: $0.35–$0.38 (near prior price cluster and projected next resistance zone)
Stop‑loss: Below $0.30 (below the cup rim and handle low)
Criteria: MACD remains bullish, RSI stays in neutral +50‑60 range, price holds above 200‑day EMA.
📉 Short Setup (if setup fails):
Entry: $0.32–$0.33 with breakdown below $0.30
Target: $0.28–$0.27
Stop‑loss: Above $0.34
Condition: MACD crosses negative and RSI falls toward 40‑zone.
🔍 Summary:
TRX displays a clean technical setup, with a breakout pattern, positive MACD, neutral RSI, and price above the 200‑day EMA. It’s a strong candidate for a short‑term buying opportunity within 24 hours.