🚨 $TRX /USDT ALERT: INCREDIBLE RALLY – WILL IT HOLD? 🚨
$TRX is trading at $0.4282, up a staggering 87.15%, after a powerful surge from a low of $0.2259. The market is displaying massive momentum, but key levels need to be monitored for sustainability.
💡 Key Levels to Watch:
1. Resistance 1: $0.4500 – A breakout above this level could push TRX into uncharted territory.
2. Resistance 2: $0.4750 – Surpassing this zone could ignite another wave of strong bullish momentum.
3. Resistance 3: $0.5000 – A psychological barrier that, if cleared, may establish a new long-term uptrend.
📉 Critical Support:
$0.3701 – Holding above this level is essential to maintain bullish sentiment. A drop below could trigger a retracement toward $0.2776.
Strategy:
Bullish Scenario: Enter long on a breakout above $0.4500, targeting $0.4750 and $0.5000, with a stop loss at $0.4200.
Bearish Scenario: Short if TRX breaks below $0.3701, aiming for $0.2776, with a stop loss at $0.3900.
TRX’s explosive rally is impressive, but caution is advised as it approaches critical resistance levels. Keep a close eye on the chart and manage risk effectively!