$TRX šŸš€ BULLISH MOMENTUM šŸš€

Chart Overview & Technical Analysis

Price: $0.3467 USDT

24h Volume: $156.52M USDT (moderate liquidity)

Trend: Short-term bullish continuation after bouncing off the $0.3400 support.

Key Support Levels: $0.3400 – $0.3320

Key Resistance Levels: $0.3550 – $0.3620

Indicators:

RSI (1h): ~63 → showing bullish momentum but not yet overbought.

MACD: Positive crossover on 4h chart → bullish confirmation.

MA50 vs MA200 (Golden Cross on 1h): Price trading above both → trend support intact.

Short-Term Setup:

If TRX stays above $0.3400, next target is $0.3550.

A breakout above $0.3550 could push towards $0.3620–0.3680 intraday.

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šŸ“ˆ Trading Strategy

Bullish Plan:

Entry Zone: $0.3440 – $0.3460

Target 1: $0.3550

Target 2: $0.3620

Stop-Loss: $0.3390 (tight risk control)

Risk Assessment

Volatility: Medium — intraday swings of 2–3% are common.

Liquidity: Healthy — volume allows quick position entries/exits.

Risk Level: Moderate — but careful near resistance as sellers might take profit.

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šŸ“¢ Market Sentiment

Social Buzz: TRX getting renewed attention due to DeFi integrations & stablecoin flows on Tron network.

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