$TRX /USDT
TECHNICAL ANALYSIS - LONG TRADE SIGNAL
Trade Setup:
Long Entry: 0.2980 USDT (current price level after the bullish candle confirming the uptrend)
TP (Targets):
TP1: 0.2995 (first resistance)
TP2: 0.3005 (next resistance zone)
SL (Stop Loss): 0.2970 (below the recent swing low to avoid false breakouts)
The short-term bias remains bullish as the price has shown a rebound from the support at 0.2973 and formed a green candle indicating buying pressure. However, watch for a break below 0.2970, which would shift the outlook to bearish and trigger a short setup targeting 0.2960.
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