COIN NAME : $TRX
SIGNAL TYPE : LONG
This TRX/USDT 4H chart 📈 displays a rising channel pattern 🚀, with price respecting both the upper resistance and lower support trendlines 🔼🔽. The orange zigzag pattern within the channel suggests a bullish wave structure 🌀, with higher lows forming as price climbs. There's a key horizontal resistance zone 🔴 around $0.34–$0.35, marked as a potential breakout level 🧱. The RSI is approaching 60.29 📊, reflecting strong bullish momentum but not yet overbought — a healthy signal 🟢. The projected path in yellow indicates a possible retest of the resistance followed by a breakout to higher highs 📍, potentially targeting above $0.37 🎯. If bulls maintain pressure and volume increases 📢, TRX could escape this consolidation phase and trend higher. However, a rejection from the top of the channel ⚠️ might cause a short-term dip. Overall, the setup is optimistic and structurally bullish 🐂, but careful resistance monitoring is key 🔍.
(JOIN OUR BINANCE LIVE SECTION FOR MORE DEATAILS AND UPDATE INFORMATION)
ENTRY PRICE: 0.3321 (or market price)
1st tp: 0.3406
2nd tp: 0.3533
3rd tp: 0.3656
Leverage: 20x
