🚀 $TRX Trading Signal - Key Support Holding!
Market Overview:
$TRX is currently trading at $0.2276, sitting at a crucial support zone. Price has pulled back after a strong rally, testing a previously broken resistance as support. If this level holds, we could see a bullish continuation toward higher targets.
📌 Trade Setup:
🔹 Entry Zone: $0.2265 - $0.2280
🎯 Target 1: $0.2310
🎯 Target 2: $0.2340
🎯 Target 3: $0.2375
🛑 Stop Loss: $0.2245
📊 Market Insights:
Support Zone: $0.2260 - $0.2280, a key area for a potential bounce.
Resistance Levels: First hurdle at $0.2310, then $0.2340 for a breakout play.
Risk-Reward Ratio: Strong support gives a good risk-to-reward setup for longs.
⚡ Pro Tip:
A 4H candle close above $0.2300 could confirm bullish momentum. Watch volume—higher buy pressure increases breakout potential!