$TRX signal
Long
Price: .2426
(Enter on entry price)
10x leverage isolated
TRX has already completed a breakout and successfully retested the previous resistance, which now acts as support. Based on the current setup, I’m bullish on TRX. It’s likely to see a move to the upside, potentially gaining around 15%, although this may take a few days to play out.
On the 12-hour timeframe, TRX is showing strong signs of upward movement, aiming to grab liquidity above. As always, the market tends to move where liquidity is available, and in this case, it’s to the upside.
As for BTC dominance (BTC.D), it looks set to rise toward the 63.67 level after bouncing from the trendline support. However, if BTC.D breaks down from that trendline support, it could signal a strong upside movement for the overall market.
Target:
1) .2460
2) .2510
3) .2600
4).2700
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