$TRX

/USDT Technical Analysis and Trade Signals

Current Price: $0.2628

Momentum: Bullish

Key Levels:

1. Support Levels:

$0.2400 (strong support)

$0.2084 (24h low, critical support)

2. Resistance Levels:

$0.2750 (immediate resistance)

$0.2950 (24h high, major resistance)

Trade Signals:

Moving Averages: Bullish crossover on 4H timeframe (50-MA > 200-MA).

RSI: ~68, nearing overbought zone but still has upward potential.

MACD: Positive crossover with expanding histogram, indicating strong momentum.

Targets 🎯:

1. Target 1: $0.2750 (short-term)

2. Target 2: $0.2900 (mid-term, aggressive traders)

3. Target 3: $0.3100 (long-term, breakout potential)

Trade Momentum:

Entry Zone: $0.2580–$0.2650 (on minor dips for better R:R ratio)

Stop Loss: $0.2400 (below major support)

Risk-to-Reward Ratio: ~1:2.5

Caution:

Monitor BTC/USDT for broader market movements.

Tighten stop loss if price approaches resistance levels with low volume.

Would you like a chart or detailed explanation of indicators?

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