The TRX 4-hour chart is printing a 4/4 long confluence.
Price is over the EMAs, Supertrend is up, MACD histogram is positive, and RSI sits at 58. This setup gives an ATR-derived target of 0.348, with the read invalidated below 0.338. The only mark against it is a stretched StochRSI at 100.
This is one indicator snapshot, not a call. Bullish confluence vs. overbought momentum—which one is lying?
$TRX #TechnicalAnalysis #TRON
More of these coming today. Follow to catch them as they land.
Price is over the EMAs, Supertrend is up, MACD histogram is positive, and RSI sits at 58. This setup gives an ATR-derived target of 0.348, with the read invalidated below 0.338. The only mark against it is a stretched StochRSI at 100.
This is one indicator snapshot, not a call. Bullish confluence vs. overbought momentum—which one is lying?
$TRX #TechnicalAnalysis #TRON
More of these coming today. Follow to catch them as they land.
