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Bullish
TRX BREAKING OUT – BIG MOVES INCOMING 🚀📈
Technical Analysis Overview
1. Pattern Forming:
TRX/USDT is showing a strong breakout with consistent higher lows. The price is testing key resistance zones, supported by an RSI rebound and increasing volume. This indicates strong buying momentum and possible trend continuation.
2. Market Flow:
• 15m Money Flow Analysis: Buy orders dominate with 20.39M large inflows and overall inflow of 21.21M – bullish confirmation.
• Volume is also picking up, supporting the breakout narrative.
3. Key Indicators:
• Moving Averages:
• MA(7): $0.2859 (acting as short-term support)
• MA(25): $0.2628
• RSI (6): 55.17 (indicating room for growth before overbought levels)
• MACD shows a golden crossover – bullish momentum building.
5 Bullish Targets for $TRX 🚀
1. First Target: $0.3200 – Strong psychological resistance.
2. Second Target: $0.3500 – Previous swing high level.
3. Third Target: $0.4000 – Significant breakout zone.
4. Fourth Target: $0.4500 – Retest of previous all-time breakout zone.
5. Final Target: $0.5000+ – Long-term potential if momentum sustains.
Summary:
TRX is forming a bullish breakout pattern, supported by strong volume, RSI stability, and money inflows. Keep an eye on the resistance zones and watch for confirmation. This could be the start of a big move. 🚀📊
#TRX #CryptoBreakout #Bullish
Get ready for the ride! What’s your target for TRX?
Technical Analysis Overview
1. Pattern Forming:
TRX/USDT is showing a strong breakout with consistent higher lows. The price is testing key resistance zones, supported by an RSI rebound and increasing volume. This indicates strong buying momentum and possible trend continuation.
2. Market Flow:
• 15m Money Flow Analysis: Buy orders dominate with 20.39M large inflows and overall inflow of 21.21M – bullish confirmation.
• Volume is also picking up, supporting the breakout narrative.
3. Key Indicators:
• Moving Averages:
• MA(7): $0.2859 (acting as short-term support)
• MA(25): $0.2628
• RSI (6): 55.17 (indicating room for growth before overbought levels)
• MACD shows a golden crossover – bullish momentum building.
5 Bullish Targets for $TRX 🚀
1. First Target: $0.3200 – Strong psychological resistance.
2. Second Target: $0.3500 – Previous swing high level.
3. Third Target: $0.4000 – Significant breakout zone.
4. Fourth Target: $0.4500 – Retest of previous all-time breakout zone.
5. Final Target: $0.5000+ – Long-term potential if momentum sustains.
Summary:
TRX is forming a bullish breakout pattern, supported by strong volume, RSI stability, and money inflows. Keep an eye on the resistance zones and watch for confirmation. This could be the start of a big move. 🚀📊
#TRX #CryptoBreakout #Bullish
Get ready for the ride! What’s your target for TRX?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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