$TRX
$TRX/USDT - Breakout Towards a Consistent Climb! 🔥
*Market Analysis*
- Price: $0.2348 (+2.18%)
- 24H Range: Low $0.2278 - High $0.2349
- Market Structure: The 30M chart shows clear higher highs and higher lows, pushing up to resistance at $0.2350. The trendline remains strong from the recent low.
*Price Action Insight*
- Bullish engulfing candles are pushing into the resistance zone. Any candle close above $0.2350 could trigger a breakout and attract momentum traders.
*Trade Setup*
- Entry: $0.2330-$0.2345 (aggressive) or above $0.2355 (breakout)
- TP1: $0.2400
- TP2: $0.2480
- TP3: $0.2550
- Stop Loss: Below $0.2295
*Why This Setup Matters*
TRX is quietly building momentum with strong volume support and price steadily grinding higher. A clean break here could lead to a trending leg.
*Pro Tip*
- Use a tight SL under $0.2300 for breakout trades.
- Look for a retest of the $0.2330 area for re-entries if the price pulls back post-breakout.
TRX bulls are creeping up – breakout alert above $0.2350!