TRX/USDT : Key Entry Points for Potential Gains
#TRX✅ #Trxusdt #TRX/USDT❤️ #Write2Earn! #BinanceSquareFamily
In this **1-hour timeframe analysis** of TRX/USDT, we see a promising opportunity for traders willing to accept some risk. The focus is on the price reaching the zone between **$0.15687** and **$0.15631**.
This area is critical for confirming a potential **LONG position**.
Once TRX enters this zone, the target levels for potential upward movement are outlined as follows:
- First Target : $0.15848
- Second Target : $0.15934
- Third Target : $0.16022
- Fourth Target : $0.16174
- Fifth Target : $0.16311
- Final Target : $0.16400
It's essential to note that if the price drops below **$0.15534**, this would invalidate the bullish outlook.
Conclusion & Advice :
Traders should watch the specified price zone closely for confirmation signals to enter LONG positions. Given the targets, the potential rewards could be significant. However, a prudent risk management strategy is crucial, including setting **stop-loss orders** just below the invalidation point to safeguard against unexpected moves.