$TRX
/USDT Technical Analysis & Trade Signal🎯🔥🔥
Current Price: 0.2561 USDT
Trend: Neutral to Bullish (based on recent 24h movement)
Key Support and Resistance Levels:
Support: 0.2520 USDT (previous 24h low)
Resistance: 0.2576 USDT (previous 24h high)
Momentum:
Short-term Momentum: Bullish (Price is showing +1.19% gain in the last 24 hours, supported by positive trading volumes)
Indicator: Price remains above key moving averages, and RSI shows no overbought conditions.
Trade Signal:
Action: Buy on breakout above resistance at 0.2576 USDT or on a pullback near support at 0.2520 USDT for a continuation setup.
Target Levels:
1. First Target (T1): 0.2620 USDT (near next resistance zone)
2. Second Target (T2): 0.2700 USDT (a key psychological level)
3. Third Target (T3): 0.2750 USDT (potential extended move)
Risk Management:
Stop Loss: Below 0.2520 USDT (support level)
Trade Momentum: Watch for volume spikes and breakouts to confirm stronger momentum.
This analysis suggests a bullish continuation if price holds above 0.2520 and breaks the resistance at 0.2576 USDT. Keep an eye on volume patterns for momentum confirmation.
#BinanceAlphaAlert #BTCBelow92K #SolvProtocolMegadrop #btc2025