#TRXETF

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### **1. Price Action and Moving Average (MA):**

- **Current Price**: 0.1415 (up +12.66%).

- **Moving Average (MA)**: 0.1377, with the price currently above it, indicating a **short-term bullish trend**.

- **Support and Resistance Levels**:

- **Support**: 0.1243 → 0.1046.

- **Resistance**: 0.1449 → 0.1544 (if broken, the upward trend may continue).

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### **2. MACD Indicator:**

- **Signal**:

- **MACD (+0.01513)** is above **Signal Line DEA (+0.00910)**, with **DIFF Line (+0.01667)** in positive territory.

- **Interpretation**: Confirmation of current **bullish momentum**, but with a need to monitor Convergence/Divergence lines for any potential reversal.

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### **3. Recommendations:**

- **Buy/Hold**:

- If the price remains above **MA 0.1377** and **MACD** is positive, bullish positions can be maintained.

- **First Target**: 0.1449 → 0.1544.

- **Stop Loss**: Below 0.1377 or 0.1243 (depending on risk tolerance).

- **Caution for Reversal**:

- If the price drops below **MA 0.1377** with a bearish MACD crossover, this may indicate a correction.

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### **4. Risk Management:**

- **Risk/Reward Ratio**: Preferred above **1:2** (Example: 2% stop loss against 4%+ target).

- **Position Size**: Do not exceed 2-5% of capital.

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### **Summary**:

The current momentum is **bullish**, but with nearby resistance (0.1449). Entering buy positions upon breaking this resistance with confirmation from volume and indicators may be safe. Continuous monitoring is essential to avoid sudden corrections.

#MAGIC

#xrp

#TRX