$TRX is currently trading at $0.3592, up 3.04% in the last 24 hours. The price has been steadily climbing, supported by strong buy-side order flow (58.22%). $TRX is now testing resistance near $0.3700, a key level that could determine its next move.
*Trading Plan*
- *Long Entry Zone*: $0.3550 - $0.3600
- *Stop Loss*: Below $0.3450
- *Targets*:
- TP1: $0.3640
- TP2: $0.3700
- TP3: $0.3800 (if bullish breakout holds)
*Market Outlook*
A clean breakout above $0.3700 with strong volume could fuel further upside potential. However, rejection at this level might lead to minor pullbacks before another attempt to break higher. Traders should keep an eye on the price action and adjust positions accordingly.
