$TRX /USDT TECHNICAL ANALYSIS: BULLISH CONTINUATION EXPECTED

$TRX /USDT is showing bullish continuation signals after consolidating near a strong support zone around 0.296–0.298. Higher lows formation on the 1H and 4H charts indicates sustained buying pressure. Immediate resistance is seen at 0.306–0.308, and a breakout above this level could lead to further upside momentum.

Trade Setup:

Entry: On a confirmed break above 0.308

Target 1 (TP1): 0.312

Target 2 (TP2): 0.316

Stop Loss (SL): 0.295

Risk Management: Maintain a 1:2 risk-to-reward ratio, limit position size, and avoid chasing the price.

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TRX

0.2799

-0.60%