$TRX Short Liquidation: $10.182K at $0.24991
🚨 Market Update:
Liquidation Type: Short
Liquidation Value: $10,182
Liquidation Price: $0.24991
💹 Market Insights:
TRX is surging upward, forcing short liquidations as bulls dominate the market.
Momentum suggests further upside, but traders should prepare for key resistance and support levels.
🔥 Trading Strategy:
Entry Point: Enter near $0.25050 if momentum holds steady.
Target 1: Immediate resistance at $0.26000, offering a 3.8% gain.
Target 2: If buying pressure continues, aim for $0.27000, a major resistance level.
Stop Loss: Place a stop at $0.24500 to limit potential losses in case of a pullback.
💥 What to Watch:
Support Zone: If TRX retraces, strong support lies at $0.24500, where bulls may re-enter.
Breakout Potential: A move above $0.26000 could trigger a rally toward $0.27500, driven by fresh buying.
🔔 Pro Tip:
Monitor trading volume closely! Increased activity near resistance confirms bullish momentum, while declining volume signals caution.