Here is your professional technical analysis post for the given TRX chart:
$TRX USDT BULLISH BREAKOUT – NEW HIGHS IN SIGHT 🚀
TRX is showing strong bullish continuation, currently trading at $0.2761 with a fresh breakout above its previous consolidation zone. The recent surge in volume and RSI near 71 indicate strong buyer momentum.
🔷 Trade Setup:
Entry: $0.2755 – $0.2762 (current breakout retest zone)
Take Profit (TP): $0.2780 – $0.2800
Stop Loss (SL): $0.2730
📊 Short Market Outlook:
TRX is maintaining higher highs and higher lows with bullish engulfing candles confirming trend strength. As long as price holds above $0.2750, further upside towards $0.2800 is likely. However, caution is needed if RSI enters extreme overbought territory above 75.
⚠️ Risk Management:
Adjust position size to your risk tolerance and always place stop-loss to protect capital against sudden reversals.
#trx #bullishbreakout #cryptoanalysis #altcoins #tradingview buy and trade here on $TRX
💡 Comment 🚀 if you see TRX reaching $0.2800 soon!
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