The daily chart for $TRX /USDT: shows a downward trend, but 4H is ranging now and 1H is trying to flip upward. The RSI indicator on 1H is in the overbought area at 34.9, indicating a potential bounce. The catalyst is the 15-minute RSI crossing above 50, confirming a short-term momentum shift. Enter LONG on the breakout for a quick move towards the first target. This is a counter-trend bounce play within the larger range.
Executable setup now (LONG)
Entry: Market price 0.284205 โ 0.284645
TP1: 0.285306
TP2: 0.286187
TP3: 0.287068
SL: 0.283544

TRX
0.2808
-2.02%
#TRXโ #TRX #followers ๐
