$TRX — steady recovery, bullish structure rebuilding
Long $TRX
Entry: 0.2760 – 0.2780
SL: 0.2725
TP1: 0.2800
TP2: 0.2850
TP3: 0.2920
TRX has shown a strong V-shaped recovery from the 0.268–0.270 demand zone, with consistent higher highs and higher lows forming on the 4H timeframe. Buyers stepped in decisively after the sharp sell-off, flipping short-term structure back to bullish.
Price is currently consolidating just below the 0.2800 resistance, indicating absorption rather than rejection. As long as TRX holds above the 0.2750–0.2760 support, the bullish bias remains intact.
A clean break and acceptance above 0.2800 could trigger continuation toward 0.2850 and 0.2920. Losing 0.2725 would weaken the setup and suggest a deeper corrective move.
TRX
0.2785
+0.57%