🚀 TRX/USDT: Bullish trend under EMA control — preparing for continued growth
Summary:
On the 1H timeframe, TRX/USDT maintains an upward structure. After the impulse, the price corrects to EMA21, which looks like a healthy pullback within the bullish trend. The market is currently not overheated, but the resistance zone is already close — proceed cautiously.
📊 Key indicators (short):
EMA21: 0.2799 — dynamic support
RSI (14): 52.7 — neutral, there is room for growth
MACD: 0.0004 — on the verge of a bullish signal
Stochastic: 0.94 — close to overbought (important for entry)
🧠 Trading plan
Main scenario — LONG 📈
A breakout and consolidation above 0.2806 will confirm the continuation of the upward movement.
🎯 Targets:
0.2827 — +1.04%
0.2850 — +2.33%
0.2875 — +3.36%
📍 Entry points:
Conservatively: 0.2800 — entry on breakout
Aggressively: 0.2780 — bounce from EMA21
⛔ Stop-loss: 0.2750 — below local support
🔍 Summary:
TRX remains in a bullish phase, but due to Stochastic, a short-term consolidation is possible. The best trades are after the confirmation of breakout or a clear bounce from EMA21. We work according to the plan and watch the price reaction at resistance.
Spot trading 👉$TRX
Futures 👇
