🔥 $TRX / USDT: Institutional 1H Volatility Spike & Dynamic Support Retest
The 1-Hour (1H) chart for $TRX /USDT displays a rapid liquidity sweep up to $0.3312, followed by an immediate sharp pull-back into dynamic support. Price is currently stabilizing around $0.3288, resting right above key moving average baselines.
📊 Market Bias: Neutral / Bullish Retest
Trend Analysis: TRX completed a sweeping move from the $0.3254 local low up to $0.3312 before encountering heavy profit-taking. Despite the sharp pullback candle, price continues to hold above the baseline 1H MA(99) ($0.3279) and is testing the 1H MA(7) ($0.3294) and MA(25) ($0.3292) confluence zone.
🎯 Trade Setup: LONG (On Retest / Confirmation)
Action: LONG on a controlled stabilization within the dynamic order block.
Entry Zone: $0.3275 – $0.3290 (Confluence with 1H MA(99) and MA(25) dynamic demand)
Stop Loss (SL): $0.3245 (Below the key $0.3254 structural swing low)
Take Profit 1 (TP1): $0.3312 (Immediate BSL Local High Sweep)
Take Profit 2 (TP2): $0.3350 (Mid-Term Resistance Target)
Take Profit 3 (TP3): $0.3420 (Macro Trend Expansion Target)
Risk:Reward (R:R): ~1:2.4 (to TP2)
Trade Invalidation: A sustained 1H candle close below $0.3245 invalidates the immediate bullish structure.
#TRX #Trxusdt #TRX/USDT❤️ #TRXUSD #TRXUpdate
The 1-Hour (1H) chart for $TRX /USDT displays a rapid liquidity sweep up to $0.3312, followed by an immediate sharp pull-back into dynamic support. Price is currently stabilizing around $0.3288, resting right above key moving average baselines.
📊 Market Bias: Neutral / Bullish Retest
Trend Analysis: TRX completed a sweeping move from the $0.3254 local low up to $0.3312 before encountering heavy profit-taking. Despite the sharp pullback candle, price continues to hold above the baseline 1H MA(99) ($0.3279) and is testing the 1H MA(7) ($0.3294) and MA(25) ($0.3292) confluence zone.
🎯 Trade Setup: LONG (On Retest / Confirmation)
Action: LONG on a controlled stabilization within the dynamic order block.
Entry Zone: $0.3275 – $0.3290 (Confluence with 1H MA(99) and MA(25) dynamic demand)
Stop Loss (SL): $0.3245 (Below the key $0.3254 structural swing low)
Take Profit 1 (TP1): $0.3312 (Immediate BSL Local High Sweep)
Take Profit 2 (TP2): $0.3350 (Mid-Term Resistance Target)
Take Profit 3 (TP3): $0.3420 (Macro Trend Expansion Target)
Risk:Reward (R:R): ~1:2.4 (to TP2)
Trade Invalidation: A sustained 1H candle close below $0.3245 invalidates the immediate bullish structure.
#TRX #Trxusdt #TRX/USDT❤️ #TRXUSD #TRXUpdate