$TRX /USDT Bullish Momentum Confirmed!💯🔥
Current Price: $0.2588
$TRX has broken out with strong bullish momentum, signaling a potential upward rally. Traders can consider an entry at the current levels.
Targets:
• Target 1: $0.2650
• Target 2: $0.2720
• Target 3: $0.2800
Stop Loss: Place a stop loss at $0.2520 to minimize risk.
Analysis: The breakout above $0.2580 is supported by sustained buying pressure, with higher lows forming on the lower timeframes. Volume is increasing, and the uptrend remains intact as long as TRX holds above $0.2550.
Trading Tip: Secure partial profits at the first target and adjust stop losses to entry for a risk-free trade as the price approaches higher levels. Monitor for potential resistance near $0.2650.
Maintain a disciplined strategy and keep an eye on market conditions.