🚀 $TRX /USDT: WATCH FOR A POTENTIAL BREAKOUT OR RETRACEMENT! ⚡
The $TRX /USDT pair is currently trading at $0.2434, consolidating near key support and resistance levels. Traders should monitor this range closely for signs of a breakout or a possible retracement.
📊 Trade Scenarios:
Entry Point: $0.2434
Take Profit (TP 1): $0.2500
Take Profit (TP 2): $0.2550
Take Profit (TP 3): $0.2600
Stop Loss (SL): $0.2400
Support is located at $0.2400, while resistance is seen at $0.2500. A breakout above $0.2500 could lead to further upside, targeting $0.2550 and $0.2600. If the price drops below $0.2400, we may see a bearish correction or further downside movement.
📉 Market Outlook:
TRX/USDT is currently testing support at $0.2400, and if the price holds above this level, we may see a rise toward $0.2500 and beyond. A breakout above $0.2500 would confirm a continuation of the bullish trend. However, a drop below $0.2400 could signal further bearish action.
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