🚀 TRON (TRX) Trade Setup & Technical Outlook
🔹 Current Price: ~$0.36
🔹 Pattern: Ascending Channel + Inverse H&S + Symmetrical Triangle → Bullish structure forming
📊 Trade Idea
Entry Zone: $0.36 (add more if breakout above $0.37)
Stop-Loss: $0.355 (below neckline support)
Targets:
🎯 Target 1: $0.38 – $0.39
🎯 Target 2: $0.40 – $0.42
⚖️ Risk-Reward
Target 1 → R:R ~ 6:1
Target 2 → R:R ~ 12:1
📈 Probability of Profit: ~60–65% (bullish bias on higher timeframes, but RSI is near overbought → watch for pullback)
⚠️ If TRX fails to break $0.37, downside risk is back to $0.32–$0.33 support.
---
✅ Summary: TRX is gearing up for a potential breakout. A clean move above $0.37 could open the path to $0.40+. Manage risk with stops, scale entries, and trail profits.
#TRX #Tron #CryptoTrading #Altcoins #BinanceSquare