$TRX USD

Step 1 #Market overview

TRX trading around 0.11 to 0.112 zone with stable volume and strong market structure

Step 2 #Trend analysis

Short term trend bullish with higher lows forming

Overall trend strong bullish as price holding above key moving averages

Step 3 Indicators

#RSI near 60 showing bullish momentum but not overbought

MACD positive showing continuation of upward trend

Step 4 #Support levels

0.108 strong support

0.105 major support

Step 5 Resistance levels

0.113 first resistance

0.118 strong resistance

Step 6 Trade setup

Buy zone 0.109 to 0.110

Take Profit 1 0.113

Take Profit 2 0.118

Take Profit 3 0.122

Stop Loss 0.105

Step 7 Market outlook

Trend remains bullish as long as price holds above 0.108

Break above 0.113 can trigger strong upward move

If support breaks then short term correction toward 0.105 possible

Strong coin compared to market better for safer trades but still manage risk properly

TRX
TRXUSDT
0.31753
+0.96%