🚀 $TRX /USDT – Pushing Higher! Is a Breakout on the Horizon? 🔥
📊 Current Price: $0.2428 (+0.08%)
🔥 Key Levels:
Support: $0.2380 – A strong base for potential bullish continuation.
Resistance: $0.2435 – A breakout could lead to a stronger rally!
📈 Long Setup (Bullish Play):
Entry Zone: $0.2400 - $0.2420 (Buy on dips)
Take Profit Targets:
TP1: $0.2450
TP2: $0.2480
TP3: $0.2500+
Stop Loss: Below $0.2375
📉 Short Setup (Bearish Play):
Entry Zone: $0.2430 - $0.2440 (Short if rejection confirmed)
Take Profit Targets:
TP1: $0.2400
TP2: $0.2380
TP3: $0.2350
Stop Loss: Above $0.2455
📊 Market Insight: $TRX is showing strong momentum, with bulls attempting to break resistance. A confirmed move above $0.2435 could trigger further upside, while failure might result in a slight retracement.
💡 Pro Tip: Watch for volume confirmation—higher volume on a breakout signals strength, while weak volume may suggest a potential fake-out! 🚀🔥
Support: $0.2250 - $0.2200 – Buyers need to hold this zone for continuation.
Resistance: $0.2340 - $0.2400 – A breakout could push PYTH higher!
📈 Long Setup (Bullish Play):
Entry Zone: $0.2250 - $0.2300 (Buy on dips)
Take Profit Targets:
TP1: $0.2350
TP2: $0.2400
TP3: $0.2500+
Stop Loss: Below $0.2180
📉 Short Setup (Bearish Play):
Entry Zone: $0.2340 - $0.2400 (Short if rejection confirmed)
Take Profit Targets:
TP1: $0.2250
TP2: $0.2200
TP3: $0.2150
Stop Loss: Above $0.2420
📊 Market Insight: $PYTH is showing strong buying momentum, breaking key levels. If bulls manage to flip $0.2340 into support, this could trigger a further rally towards $0.2500+. However, failure to hold above $0.2250 may lead to a short-term correction.
💡 Pro Tip: Watch volume closely—a surge above $0.2340 with strong buying pressure confirms a breakout! 🚀🔥