$TRX

/USDT Technical Analysis & Trade Signal:

Current Market Overview:

Current Price: $0.2949

24h Change: +6.00%

24h High/Low: $0.3047 / $0.2763

Technical Indicators:

Support Levels:

First Support: $0.2763

Second Support: $0.2680

Resistance Levels:

First Resistance: $0.3047 (recent high)

Second Resistance: $0.3100

MACD (Momentum Indicator): Showing bullish momentum with a positive crossover.

RSI (Relative Strength Index): Approaching 60, suggesting potential room for upward movement but watch for overbought conditions.

Volume: Increasing, indicating solid buying interest.

Trade Signal:

Buy Signal: If price breaks above $0.3000, consider entering with confirmation (bullish momentum).

Stop-Loss: Place stop-loss near $0.2850 to manage downside risk.

Target Levels 🎯:

1. First Target: $0.3050

2. Second Target: $0.3150

3. Third Target: $0.3250

Trade Momentum:

Momentum is currently bullish, with increasing volume backing up upward movement.

Short-term correction could occur if price approaches $0.3100 resistance.

Trade Outlook:

Look for confirmation above $0.3000 for an entry, targeting $0.3050–$0.3250 while maintaining a cautious stop-loss.

#BinanceAirdropsCATandPENGU #BinanceAlpha #USUALSpotLaunch #BTCNewATH #BTCNewATH