$TRX #TRX /USDT Long Call Signal:
Entry Price: 0.1470
The price is near oversold levels on RSI and close to the 7-day MA, indicating potential support.
Stop Loss (SL): 0.1430
Below the recent low, to protect from further downside.
Take Profit (TP) Targets:
TP1: 0.1530
Targeting the 25-day MA as the first resistance level.
TP2: 0.1580
Aiming for further recovery if momentum continues.
TP3: 0.1650
Capturing additional upside in case of a breakout.
TP4: 0.1700
Retesting the recent high.
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Why Long?
RSI: The RSI is near 30, signaling potential for a reversal from oversold conditions.
Price Action: The price is sitting near a short-term support level around 0.1470, with potential for an upward bounce.