$TRX /USDT Analysis: Next Move Unlocked!

Current Price: $0.2462 | Timeframe: 30m Chart

$TRX is demonstrating a strong recovery with a V-shaped reversal after a sharp decline. The price has reclaimed key levels, indicating the return of bullish momentum.

šŸ“ˆ Long Setup:

Entry Trigger: Break above $0.2500 (resistance zone).

Targets:

Target 1: $0.2555

Target 2: $0.2600

Stop Loss: $0.2440 (below support).

šŸ“‰ Short Setup:

Entry Trigger: Break below $0.2420 (rejection of current level).

Targets:

Target 1: $0.2350

Target 2: $0.2300

Stop Loss: $0.2480 (above resistance).

Market Scenarios:

Bullish Case: A breakout above $0.2500 with strong volume could propel TRX toward $0.26.

Bearish Case: A rejection near $0.2480 could lead to a pullback, with targets at $0.2350 or $0.2300.

šŸ’” Pro Tip:

Lock in partial profits at the initial targets and trail your stop-loss to secure gains as the price moves in your favor.

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