$TRX has shown strong resilience by rebounding from the $0.25 support level, which aligns with the lower border of an ascending channel.

This indicates a bullish sentiment in the market.

If the support holds, the pair is likely to move higher gradually.

Key Levels to Watch:

1. Buy Zone: $0.25–$0.27

This is the area where buyers may look for entries as it represents a strong support zone.

2. Target Levels:

Short-term Target 1: $0.29

Short-term Target 2: $0.31

Mid-term Target 3: $0.35 (if bullish momentum continues).

3. Stop Loss: Below $0.24

To limit losses, place the stop loss slightly below the support zone at $0.24.

Technical Indicators:

Trend: The ascending channel shows that TRX is in an uptrend, with higher highs and higher lows.

RSI: Currently near neutral levels, indicating more room for upside without being overbought.

Volume: A gradual increase in buying volume supports the bullish case.

What to Expect Next.

As long as TRX/USDT stays above $0.25, it is likely to test $0.29 and eventually $0.31.

A break above $0.31 could lead to further gains towards $0.35.

If $0.25 support fails, the next support level is near $0.22.

Trade Plan (Example):

Entry: Around $0.25–$0.27

Target 1: $0.29

Target 2: $0.31

Stop Loss: $0.24

Risk Management: Always invest only a portion of your capital and stick to your stop loss to minimize risk.

Keep an eye on market sentiment and updates in TRX fundamentals for any changes in trend.

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