$TRX – ACCUMULATION NEAR RANGE LOWS
$TRX USDT is trading at $0.2724 (-0.48%), slightly above the key support level of $0.2633, with price hovering above MA(7), MA(25), and MA(99), suggesting short-term bullish strength. Volume remains elevated, with over 716M TRX traded in the last 24h, indicating strong market participation.
TRADE SETUP – LONG BIAS
Entry: $0.270 – $0.273
TP1: $0.276
TP2: $0.281
TP3: $0.288
Stop-Loss: $0.263
Outlook: Price is holding above major MAs, showing a classic accumulation pattern near support. A clean break above $0.276 could open doors for a sharp leg up.
PRO TIP: Watch for a bullish engulfing candle on the 1H timeframe above $0.276 with rising volume. That’s your trigger for momentum continuation.
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