$TRX is here because price swept short-term liquidity and then settled into a tight intraday base after a sharp rejection. This move doesn’t look emotional — it looks like absorption, and that usually comes before expansion.

Market read

TRX pushed up, got rejected from the local high, and then dropped fast into a demand zone. Selling pressure faded immediately after the sweep, and price started moving sideways with small candles. That tells me sellers are done for now and buyers are quietly holding the range.

Entry point

I’m looking to enter between 0.2950 – 0.2960

This zone matches the liquidity sweep low and short-term demand.

Target point

TP1: 0.2985

TP2: 0.3030

TP3: 0.3090

These levels line up with prior rejection areas and resting liquidity above.

Stop loss

0.2928

If price loses this level, the range breaks and the setup is invalid.

How it’s possible

The drop was quick but not aggressive. Volume didn’t expand in continuation, which tells me this was a stop hunt, not distribution. TRX is holding above a well-defined base where buyers already defended once. If price reclaims the short-term range high, momentum can flip fast and push price into the upper liquidity zones.

Risk is tight, structure is clean, and reward justifies the trade.

Let’s go and Trade now $TRX