a short technical analysis and trade signal for #TRX šÆš„
/USDT based on the data provided:
š $TRX
/USDT Technical Analysis (Short-Term)
Trend: Bullish momentum building
Current Price: $0.2794
Key Support: $0.2757
Resistance: $0.2803
Volume: Rising (Healthy liquidity)
Indicators Summary:
RSI likely near 60ā65 (mild bullish)
MACD crossover (bullish signal if confirmed)
Price holding above key moving averages (e.g. 20 EMA on short timeframe)
š Trade Signal (Long Position)
Entry Zone: $0.2785 ā $0.2795
Stop Loss: $0.2750
Trade Momentum: Moderate to Strong (based on volume + trend)
šÆ Target Levels:
Target 1: $0.2820 (Quick scalp zone)
Target 2: $0.2855 (Resistance breakout test)
Target 3: $0.2890 (Extended move if trend continues)