Analysis of $TRX Possible Spot and Futures entries.
Good day Crypto nation!! Beautiful rise that Tron gave us, right? Luckily, it can give us a similar one.
I have been waiting for a movement in TRX for a while, as it is one of the projects with the highest utility and adoption in the ecosystem. Unlike Solana, where memes exploded and millions of mega garbage coins were created, in TRX the bulk of the circulating supply is in Stable coins in the market, as well as large DeFi protocols.
Although it is one of the slowest coins, it is one of the most robust. It would not be strange to see it at even higher prices during this cycle, so let's look for entries to take advantage of.
Structurally, all timeframes are synchronized in this impulse, from daily to hourly. Therefore, looking for a close and confirmation at key levels can be done in any timeframe (I still recommend prioritizing closes in 4Hs and 1D).
Currently, it is correcting at 50% of the impulse. Usually, the second wave starts at that level, but I find it timely to look for entries in the green box in the price zone of 0.26 USD.
In summary:
Buying zones in spot (Buy and hold)
💹Current zone at 0.33 USD
💹Ideal level at 0.25 USD
If purchases are made, capital should be reserved to repurchase in case of drops.
Zone for Long:
🪙At the price level of 0.276 there could be a favorable reaction for a short-term trade.
🪙The zone I consider ideal is at 0.256 USD with a wide SL.
It may take a few days to reach the level, but as long as there are no structural changes, this analysis remains valid.
The Crypto Citizen says goodbye! Any questions can be left in the comments.