$TRX /USDT – Bullish Reversal Attempt After Sharp Sell-Off
TRX has dropped aggressively but is now showing clear buying interest from the 0.2745 support zone, forming a rebound candle. This indicates a potential bullish reversal setup if buyers continue to hold the newly formed support.
Trade Setup
Entry Range:
➡️ $0.2750 – $0.2760
Target 1: $0.2780
Target 2: $0.2800
Target 3: $0.2820
Stop Loss (SL): $0.2738 (Below the support wick)
Short Outlook of Market
TRX has been in a strong intraday downtrend, but the emergence of a rebound candle signals buyers stepping back in. If price sustains above 0.2750, a short-term bullish recovery toward the upper resistance levels is expected.
A break below 0.2745 would invalidate the bullish attempt and reopen downside continuation.
