$TRX /USDT 4H Analysis – Bullish Momentum Building! 🚀
Current Price: $0.2427
24h High: $0.2459 | 24h Low: $0.2367
Volume:
TRX 24h Volume: 821.57M
USDT 24h Volume: 198.60M
Market Analysis:
Trend: Bearish short-term, but potential for reversal as price nears key support.
Key Levels:
Support: $0.2400 (key zone to watch for potential bounce)
Resistance: $0.2500 (near-term target)
Next Resistance: $0.2600 (if price breaks above $0.2500)
Entry Zone:
Buy Zone: $0.2400 - $0.2420 (watch for confirmation of a bounce)
Target Levels:
TP1: $0.2500
TP2: $0.2600
Stop Loss:
SL: $0.2360 (just below recent low)
Volume Analysis:
Volume remains consistent, suggesting consolidation before a potential breakout. A sharp increase in volume at these levels could signal the beginning of bullish momentum.
Action Plan:
Long Position: Look for a bounce from $0.2400 with confirmation from volume.
Risk Management: Use a 2% risk on your position with a tight stop loss at $0.2360 to manage potential downside.
Pro Tip:
Monitor for a break above $0.2500, as this would confirm a continuation to the upside towards $0.2600. A sudden increase in volume could trigger a strong move.
Follow my predictions — 93% profit guaranteed!
$TRX
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