$XRP : Breakout or Rejection?
TRX is currently trading at $XRP , testing a crucial resistance level. A breakout could lead to further gains, while a rejection may prompt a pullback.
Key Levels to Watch:
• Resistance: $0.2440 – A breakout above this level could target:
• TP1: $0.2455
• TP2: $0.2470
• Support: $0.2420 – A breakdown below this level may push prices lower, aiming for:
• TP1: $0.2405
• TP2: $0.2385
Trade Setup – Confirmation Needed!
• Long Entry: If TRX stays above $0.2440, expect a continuation to the upside.
• Short Entry: A drop below $0.2420 could signal a bearish move.
• Stop-Loss: Set your stop-loss according to your risk tolerance to manage potential losses.