đ TRX/USDT Analysis: Key Levels and Entry Strategy đ
TREND: BULLISH
1. Support and Resistance Levels:
Support: The $0.1289 level has acted as strong support recently, preventing further downside.
Resistance: The $0.1318 level represents a significant resistance, where price struggles to break higher.
2. Entry Strategy:
Buy Entry: Consider entering long positions if TRX/USDT breaks above $0.1318 with conviction.
Stop Loss: Set a stop loss just below the $0.1289 support level to manage risk.
Target: Aim for the next resistance at $0.1350 or higher.
3. Current and Previous Values:
Current Price: TRX/USDT is trading around $0.1307.
Previous Price: The last recorded value was $0.1265.
Remember to conduct further analysis, consider market trends, and stay informed about any news related to TRX and the broader crypto market. Happy trading! đđĄ#LowestCPI2021 #MtGoxJulyRepayments #Write2Earn! #TRX/USDTâ€ïž #bestanalysis
