$TRX /USDT Analysis: Next Move Unlocked!🔥
Current Price: $0.2462 | Timeframe: 30m Chart
TRX is showing strong recovery after a sharp drop, forming a V-shaped reversal. With the price reclaiming key levels, bullish momentum is building up.
📈 Long Entry:
• Trigger Level: $0.2500 (Breakout of resistance zone)
• Target 1: $0.2555
• Target 2: $0.2600
• Stop Loss: $0.2440 (below support)
📉 Short Entry:
• Trigger Level: $0.2420 (Rejection of current level)
• Target 1: $0.2350
• Target 2: $0.2300
• Stop Loss: $0.2480 (above resistance)
Market Outlook:
• Bullish Scenario: If TRX breaks $0.2500 with strong volume, expect an upward rally targeting $0.26.
• Bearish Scenario: A rejection near $0.2480 could push prices back toward $0.2300.
💡 Pro Tip: Secure partial profits at initial targets and trail your stop-loss to maximize gains.