$TRX 🦅

TRXUSDT
Perp
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0.28806
-2.71%

➡️TRX/USDT is bullish, breaking resistance at $0.305 could lead to $0.315. Support lies at $0.290 and $0.280. Risk-reward favors long positions, stop-loss under $0.290. Monitor volume for momentum shifts.

Bullish Target:

Short-term: $0.3050

Medium-term: $0.3150

Bearish Target:

Breakdown: $0.2800

Lower support: $0.2700

Stop-Loss Recommendations

For Long Position: Set stop-loss below $0.2900 (tight) or $0.2770 (aggressive, below the 24h low).

For Short Position: Stop-loss above $0.3050, as a breakout could push to $0.3150.

Trade Setup

Risk-Reward Ratio: Aim for at least 2:1; entry at $0.2948 targeting $0.3050, stop-loss at $0.2900 provides a favorable setup.

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