๐ฏ $TRX
/ USDT - Bullish Breakout on the Horizon?
$TRX is showing strong momentum and is currently challenging a critical resistance level. The recent upward move is supported by a notable increase in buying volume, suggesting bulls are in firm control. This setup presents a potential long opportunity for traders looking to capitalize on a breakout.
๐ Key Trade Levels:
Current Price: $0.3396
Support: $0.3349
Resistance: $0.3396
Entry Zone: Wait for a retest in the $0.3350 โ $0.3380 range.
Stop Loss: A strategic placement below $0.3340.
๐ Projected Targets:
Primary Target: $0.3420
Secondary Target: $0.3450
Final Target: A break toward $0.3500+
๐ก Analysis Summary:
The key to this trade lies in a confirmed breakout. We need to see a sustained move and strong candle closures above the $0.3396 resistance. Traders should monitor the chart for a retest of the entry zone, as this could offer a smoother entry point. Stay alert and be ready to secure profits as the market confirms its direction.#TRX #ETH4500Next? #USFedBTCReserve