🚨 $TRX Moving Up, Is It Still Worth Entering or Has It Become Too Late?
#TRX #AltcoinWatch #BinanceCreator
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Current TRX ($TRON) price: $0.326
This recent increase has raised many questions: Is this the right time to enter, or is it a signal to start being cautious?
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🔍 Brief Technical Analysis:
✅ Uptrend continues — Price breaks above MA-50 and MA-100
✅ Positive MACD — Bullish momentum confirmed
⚠️ RSI nearing overbought zone (above 70) — Watch out for short-term corrections
📉 Strong support: $0.310 – $0.315
📈 Next resistance target: $0.335 – $0.350
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🔎 What Are the Catalysts?
📌 TRON adoption increasing: daily transactions surpass 9 million
📌 Pro-Trump token based on TRON goes viral in the crypto community
📌 SRM Entertainment rebranded to “Tron Inc” — becoming the public company with the most TRX holdings
📌 FOMO starting to be felt in the market, many new traders are entering
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🧠 Steps Traders Can Take:
🔹 Scalper/Intraday: Trade in the range of $0.315 – $0.335, take advantage of volatility
🔹 Swing Trader: Enter when the price pulls back to the area of $0.315, target $0.345
🔹 Breakout Trader: Confirm breakout at $0.335, target to $0.36+
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⚠️ Important Notes:
• Don't FOMO, wait for a healthy price correction
• Use a tight stop-loss below $0.310
• Current volume and sentiment support the uptrend, but remain disciplined
