#TRX made a

#TRX made a triangle pattern and did attempt to break below of the trendline but rejecting it. Well, if price break the traingle and trendline then it will be a perfect setup for shorts. For now, price potentially bounce from here. If structural break happens then buys on retest

#TRX made a easy jump after the break & Retest of the triangle pattern and support up trendline. Price made a massive move up Strong resistance. Position made around 17% in profits. I hope you secured some at there. For now Daily candle closing is important above $0.0851 for continuing pushing bullish.
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#TRX daily candle closed below the zone, that would be the sign of rejection. Better Breakeven the stops or move in profits. Price might reverse here.
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Here's the Analysis of #TRX :

#TRX is been moving in a very corrective move after the bounce from the major support zone. Price gave an another flip above the strong level, might gonna have a retest back to it around $0.0923 - $0.0933. Potential setups will come from there, so wait until it reaches the area.
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#TRX/ USDT : Technical Analysis

TF : 1D

- Currently, on the daily timeframe, the price is consolidating within a support and resistance zone, right above the 50-day exponential moving average.

- When we look at the higher timeframe, the overall trend of the price is bullish. So, it's expected that the price will continue its bullish momentum and eventually break out of the resistance zone.

- This breakout could lead to the formation of new highs in the price. It might be a good idea to wait for the price to break out of the resistance zone before considering an entry.

Expected Returns : 13-26%

Plan :
Entry : $0.11
Targets : $0.12 and $0.14
SL : $0.10