$TRX USD Perp chart:🔍 Chart Overview
Price: 0.28089
24h Change: –2.27%
Timeframe: Likely 15m
Indicator shown: MA60 (0.28071)
Price is now slightly above the MA60, after sharp swings.
This shows possible early reversal, but the structure is still volatile.
📈 Key Observations
✔️ 1. Price back above MA60
This is the first positive sign — TRX reclaimed the MA60, which often signals a small bullish push.
✔️ 2. Strong upward spike just happened
This could be:
short-term momentum
or a quick liquidity hunt ("wick move")
You need confirmation before entering.
✔️ 3. Support Levels
0.28066 (minor support)
0.28059 (strong short-term support)
If price stays above these, trend remains stable.
✔️ 4. Resistance Levels
0.28091 – 0.28100 → immediate resistance
Break above this = a clean bullish move possible.
🎯 Trading Plan (Simple & Effective)
Bullish Plan
If TRX breaks and closes above 0.28100:
Entry: 0.28102 – 0.28110
Take Profit:
TP1: 0.28140
TP2: 0.28180
TP3: 0.28220
Stop-Loss: 0.28060
Bearish Plan
If price falls below 0.28060:
Entry: 0.28055 – 0.28050
Take Profit:
TP1: 0.28030
TP2: 0.28010
Stop-Loss: 0.28105
📌 Current Bias
➡️ Neutral but leaning bullish
Because price is sitting above MA60 and momentum candles appeared.
Watch 0.28100 this level decides the next move.
If you want, I can format this into your usual Quick Setup Card (Entry / TP / SL / Break Above Level).
