$TRX/USDT - Building Momentum for a Breakout?
TRX/USDT is trading at $0.2701 (+2.31%), showing consistent upward movement as it approaches its 24H high of $0.2703.
Resistance Level: $0.2703
Support Level: $0.2677
24H Range: $0.2620 - $0.2703
Market Observation:
The steady climb suggests growing buying pressure. A breakout above $0.2703 could push the price higher, offering short-term trading opportunities.
Next Targets:
Target 1: $0.2725
Target 2: $0.2750
Trading Strategy:
Entry range: $0.2690-$0.2700, with a stop-loss below $0.2670.
Secure partial profits near $0.2725 and hold for extended targets if momentum continues.
Pro Tip: Watch for volume confirmation to validate a breakout and use a trailing stop-loss to maximize gains.
