$TRX USDT – LONG TRADE SIGNAL AS PRICE HOLDS ABOVE KEY MOVING AVERAGES
TRX STABILIZES ABOVE $0.2865 LOW
CONFLUENCE AT MA(7), MA(25), AND MA(99) SUPPORT ZONE
$TRX is trading at $0.2870 after bouncing from the local low of $0.2865. The price is now aligned with all major moving averages (7, 25, and 99 MA), suggesting a strong support base and potential for a bullish move ahead.
Trade Setup:
• Long Entry: $0.2868 – $0.2872
• Targets (TP): $0.2880 / $0.2892
• Stop Loss (SL): $0.2855
Short Outlook:
If $TRX continues to hold above the moving average cluster, a breakout toward $0.2883 and beyond may follow. A decisive close above $0.2880 would confirm bullish momentum.