$TRX
is trading at $0.3507, staying bullish above key support levels. The price is testing resistance near $0.355, with support at $0.347. A move above $0.355 could continue the upward trend.
📊 Fibonacci Levels:
Key retracements: $0.3488 (38.2%) and $0.3466 (61.8%)
Breaking above $0.3528 may target $0.3550 (23.6% extension of the 24H swing)
📈 RSI:
Current value: 62.28
Momentum is neutral; not overbought, but caution is advised near resistance.
💹 Entry Zones:
Safer: Around $0.347 after support confirmation
Aggressive: At current levels ($0.3507) with stop-loss below $0.347
🎯 Take-Profit Targets:
TP1: $0.355 (immediate resistance)
TP2: $0.360 (next resistance level)
🛑 Stop-Loss Ideas:
Conservative: Below $0.347 to limit downside
Tight: Just under $0.349 to minimize losses