$TRX has been showing strong upward momentum on the chart, with the price rising from a low of $0.2520 to a current price of $0.2593. This represents a gain of approximately 2.9%. The bullish trend is evident in the formation of higher highs and higher lows on the chart.

Entry Price:

A potential entry point for a long position could be around the current price of $0.2593, as this level has been acting as strong support.

Resistance and Support Levels:

* Resistance: The immediate resistance level is around $0.2610. If the price breaks above this level, it could signal further upward momentum.

* Support: The current price level of $0.2593 is acting as strong support. If the price dips below this level, it could indicate a potential reversal of the bullish trend.

Take-Profit Targets:

* Target 1: $0.2610 (Immediate resistance level)

* Target 2: $0.2620 (1% above the current price)

* Target 3: $0.2630 (1.5% above the current price)

Stop-Loss:

A stop-loss order can be placed below the recent swing low at $0.2580 to protect against potential downside risks.

Cautionary Note:

Traders should remain cautious as the market is currently showing signs of consolidation after the recent upward move. It is important to watch for potential breakout signals or signs of a reversal before taking any trading positions.

Signal Summary:

* Trade: Long (Buy)

* Entry Price: $0.2593

* Take-Profit Targets: $0.2610, $0.2620, $0.2630

* Stop-Loss: $0.2580

* Risk: Moderate

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