🚨 $TRX /USDT – Breaking Out or Topping Out? 📈🔥
$TRX is showing strength, holding steady at $0.2719, just shy of its recent high of $0.2739. With an RSI above 70 and price nudging above all major moving averages, is TRX ready to explode—or due for a cooldown? Let’s break it down 👇
📊 Market Overview
📍 Current Price: $0.2719
📈 24h High: $0.2739
❄️ 24h Low: $0.2687
📊 Parabolic SAR: (Active uptrend – buyers in control)
📉 MACD Momentum (MACD pending – RSI provides bullish confirmation)
RSI(6): 72.08 (Overbought territory – strong uptrend but caution warranted)
MA(7): $0.2704
MA(25): $0.2713
MA(99): $0.2718
📈 TRX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If TRX Holds Above $0.2710):
Entry: Above $0.2735
Targets: $0.2780, $0.2830, $0.2900
Stop-Loss: $0.2670
🔹 Bearish Scenario (If TRX Falls Below $0.2680):
Entry: Below $0.2670
Targets: $0.2640, $0.2600, $0.2540
Stop-Loss: $0.2730
🔍 Should You Hold or Sell?
✅ Trading above all major MAs – strong bullish confirmation
✅ RSI > 70 = aggressive momentum but may need cooldown
⚠️ A dip to $0.2680 is healthy if buyers step in again with volume
💡 Pro Tip:
🚀 Watch for a break above $0.2740 with strong volume—could lead to quick upside
⚠️ RSI overbought = possible minor retrace before continuation
📢 Are you holding TRX for the next leg up or taking profits? Let’s talk setups in the comments! 🔽
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