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🎯 1. Context and current situation
The current price of TRX is USD 0.309, with daily fluctuations between 0.3006 and 0.3109.
In 24 hours, it rose approximately +2.7%, with volume close to USD 800M–920M.
Technical indicators indicate strong support at 0.2975–0.2995, immediate resistance at 0.3029–0.3040.
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📈 2. Technical analysis & on-chain
Parabolic channel structure since 2023, with ascending lows and possible bullish breakout towards USD 0.45–0.50.
Recent cup-and-handle pattern, broke resistance at 0.29, now heading to 0.32, with a technical target at USD 0.38.
Neutral RSI (~37–?), ADX in an area suggesting a consolidated trend; mixed signals, but technical structure favors bullish if it resumes the channel.
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📊 3. Price projections
Algorithms project a range of 0.32–0.34 for the coming months (July–October 2025), with potential gains of +8% to +21%.
Most bullish scenarios: breaking resistance at 0.32 activates the target at 0.38–0.45.
Macro factors: increase in on-chain usage, spot trader activity (+64%), recent institutional purchases ('SRM Entertainment' renamed to Tron Inc. with treasury strategy in TRX).
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⏱️ 4. Entry and exit strategy
Stage Action
Entry Partial buy at 0.300–0.302 if support holds.
Stop-Loss Set at 0.295, just below key support, to mitigate risk.
Target 1 Take partial profits around 0.32–0.325, +6% to +8%.
Target 2 If it breaks 0.32 strongly, partial sale at 0.38, +20% to +23%.
Target 3 In case of strong momentum, consider selling in scales between 0.45–0.50.
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🧩 5. Risk management
Use a small position size (<5% of your portfolio).
Always use automatic stop-loss; do not rely on assumptions.
Diversify: do not put everything in TRX.
Look for breakout signals above 0.32 with volume +30% of the daily average.
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🔍 6. Continuous monitoring
Watch the on-chain and DeFi volume on Tron: rapid rises may justify holding positions.
Stay tuned for news: the recent institutional purchase of TRX and its staking (around 365M tokens) may generate positive catalysts.
Check key technical levels: Support (0.2975–0.2995) and resistance (0.3029–0.3040, then 0.32).
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✅ Summary
Entry: 0.300–0.302
Stop-Loss: 0.295
Targets:
Partial 1: 0.32–0.325
Partial 2: 0.38
Partial 3: 0.45–0.50 (if breakout is activated)
Controlled risk, with a clear vision to take quick or staggered profits.
#Spot #trading #StrategicTrading #TRX $TRX