đTRX/USDT is constantly moving upward for 2 HOURSđ±đ±
Analysis: Key Levels and Entry Strategyđ
1. Support and Resistance Levels:
Support: TRX/USDT found strong support near the 61.8% Fibonacci retracement level at $0.1263.
Resistance: The recent double top pattern suggests resistance around $0.1310.
2. Current and Previous Values:
Current Price: TRX/USDT is trading at $0.1307, up +3.40% in the last 24 hours.
Previous High: The 24-hour high was $0.1316, while the low was $0.1269.
3. Entry Strategy:
Buy Entry: Consider buying if TRX/USDT breaks above the resistance at $0.1310 with strong volume.
Stop Loss: Set a stop loss just below the 61.8% retracement level ($0.1263).
Target: Aim for the next resistance level or higher.
:Remember to stay informed and adapt your strategy based on market conditions. Happy trading! đđĄ.#TrxUstd #BULLishWithBULL #BlackRockETHOptions #SahmRule #Write2Earn!
