$TRX

$TRX Trade Plan for TRX/USDT 📈

Current Price: $0.2499
24h Change: -0.72%
Market Cap: $24.30B
24h Volume: $545.87M

✅ Entry Zone:

Buy within $0.2480 – $0.2495, assuming this range is near a support level after the recent 0.72% dip. This is a conservative entry to account for potential consolidation.

⛔ Stop Loss:

Set at $0.2450 (below the entry zone, roughly 1.2% below the lower entry point to account for TRX’s volatility).

🎯 Profit Targets:

Target 1: $0.2520 📍 (Move stop to breakeven)

Target 2: $0.2550 🎯

Target 3: $0.2600 🚀

📊 Risk/Reward Ratio:

3:1+ ⚖

Risk: $0.2495 - $0.2450 = $0.0045

Reward (Target 2): $0.2550 - $0.2495 = $0.0055 (R:R of ~1.2:1 at Target 2; higher if Target 3 is hit).

### Key Observations:

Bearish Short-Term Momentum: Price down -0.72% in 24h, indicating a minor pullback or consolidation.

Volume: $545.87M in 24h suggests lower liquidity compared to ADA’s $964.57M, which could lead to choppier price action.

Market Cap: $24.30B indicates TRX is a mid-tier coin, with moderate volatility tied to its ecosystem and utility in DeFi.

Price Context: $0.2499 is a strong level for TRX (historically, TRX has seen resistance around $0.25–$0.30 in past cycles). A break above $0.2520 could signal short-term bullish momentum.

🔄 Strategy:

Trail stop above the entry price after Target 1 is hit to lock in profits.

Watch for rejection at psychological resistance around $0.2550–$0.2600.

If momentum weakens (e.g., price fails to break $0.2520), consider an early exit at a 2:1 R:R.