$TRX

TRX
TRXUSDT
0.2769
+2.18%

as it’s showing strong bullish momentum after a clean rebound from support. The price is forming higher highs and higher lows on the 1-hour chart, and buyers are clearly in control. Continuation looks likely as long as it stays above the breakout zone.

Trade Setup – Long

Entry Zone: 0.2745 – 0.2760

Targets:

TP1: 0.2790

TP2: 0.2830

Stop-Loss: 0.2710

I’m taking this setup because the structure shows a clear bullish trend with strong buying pressure. The entry zone aligns with support and the recent rebound area, giving a favorable risk/reward. The stop-loss is placed below the support to manage risk if the price dips unexpectedly.

This trade works because buyers are dominating the short-term structure, momentum is shifting positive, and the breakout confirms strength. Holding above the entry zone keeps the bullish continuation valid, and targets provide clear points to take profits while managing risk effectively.

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