💥From this TRX/USDT chart, here is the correct entry analysis:

Entry Point Analysis:

1. Current Trend:

Price is in a downtrend, with MA(7) (yellow) below MA(25) (pink).

MA(99) (purple) is above the current price, indicating that the long-term trend is still bearish.

2. Support and Resistance:

Strong support: around 0.2011 (previous low level).

Nearest resistance: around 0.2346, and higher at 0.2573.

3. Volume:

Volume is decreasing, indicating that there is no strong buying pressure yet.

Entry Strategy:

✅ Buy Entry (Rebound Potential):

If the price drops near 0.2011 - 0.2119 and shows bullish signals (candlestick patterns like doji, hammer, or bullish engulfing).

Stronger confirmation if MA(7) starts crossing MA(25) upwards.

Volume must increase as the price rises for bullish momentum validation.

🚫 Avoid Entry:

If the price continues to drop without any reversal signals.

If volume remains low, indicating a lack of buying pressure.

Conclusion:

The best entry is to wait for the price to approach the support area of 0.2011 - 0.2119, then look for bullish signals with volume confirmation before entering a buy. If the rebound is successful, the price target could head towards resistance at 0.2346.

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