$TRX /USDT Trade Signal - 4H Chart Analysis
TRX is showing strong bullish momentum, currently trading at $0.2566 (+4.01%), with a recent breakout above key resistance at $0.2430. The price has surpassed all major moving averages:
• MA(7): 0.2482, MA(25): 0.2403, MA(99): 0.2358 — confirming bullish alignment.
Long Entry:
• Enter on a retest of $0.2500 - $0.2520
• Targets: $0.2590, $0.2650
• SL: $0.2430
Short Entry (countertrend):
• If rejection near $0.2590 - $0.2600 with volume divergence
• Targets: $0.2480, $0.2400
• SL: $0.2620
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Volume spikes confirm buyer interest. Trade with caution around psychological zones. Always use risk management!