Trade Setup Overview

Coin: $TRX /USDT

Current Price: $0.2450

TRX is consolidating after a recent pullback from $0.2597, with the RSI at 55.4038 indicating neutral momentum. The overall trend seems bullish over longer periods, but recent short-term performance shows some weakness.

Bullish Buying Opportunity

Entry: Wait for a breakout above $0.2459 with increased volume to confirm the uptrend.

Target: Aim for $0.2597, the previous high.

Stop-Loss: Set at $0.2326 to protect against downside risk.

This setup could be a good buying opportunity if the price confirms the breakout, but it's wise to wait for clear signals given the current consolidation.

Recommendation

Given the recent pullback and market indecision, it seems prudent to wait for a confirmed breakout above $0.2459 before entering a long position. If you're already holding TRX, consider tightening your stop-loss to $0.2326 to safeguard profits.