TRX/USDT Short-term Trading Strategy Analysis and Suggestions

Current Price: 0.2095 USDT

Period: 24 hours

Trading Strategy

Low Buy Strategy (Long Position)

Entry Price: 0.2050-0.2070 USDT

Take Profit Price: 0.2130-0.2150 USDT

Stop Loss Price: 0.2030 USDT

Position: 10%

Trading Type: Spot or Contract

Leverage: 3x

High Sell Strategy (Short Position)

Entry Price: 0.2130-0.2150 USDT

Take Profit Price: 0.2070-0.2090 USDT

Stop Loss Price: 0.2170 USDT

Position: 10%

Trading Type: Contract

Leverage: 3x

Technical Indicator Analysis

1. EMA Indicator:

EMA(7): 0.2069 USDT

EMA(25): 0.2042 USDT

EMA(99): 0.1976 USDT

Current price breaks through EMA(7) and EMA(25), short-term trend is upward, EMA(7) shows clear support, EMA(25) serves as secondary support.

2. MACD Indicator:

DIF: 0.0017

DEA: 0.0012

MACD: 0.0005

MACD histogram is positive, indicating slight bullish strength, but momentum is weak; a slow upward trend may continue in the short term.

3. RSI Indicator:

RSI(6): 73.98

RSI is in the overbought range, indicating potential pullback risk, but there is still some upward momentum in the short term.

4. Trading Volume:

Volume shows signs of expansion, indicating funds are gradually flowing into the market; it is necessary to observe if the volume can continue to increase to drive prices further up.

Strategy Logic

Low Buy Strategy:

Current price is close to the support area between EMA(7) and EMA(25), short-term upward trend is clear; low buy target price is near the support area, with take profit set at the upper resistance area.

High Sell Strategy:

Prices in the 0.2130-0.2150 USDT area show resistance; short positions can be established in this area, with take profit set near the support area and stop loss slightly above the resistance level to avoid sudden upward risks.

Risk Control:

Due to the RSI indicating overbought signs, it is necessary to maintain light positions and strictly implement stop losses to prevent losses from market reversal fluctuations.