I’m looking at $TRX /USDT around 0.3346, with price bouncing from the visible 0.3344 area. The interesting part for me is that price is recovering, but the MA60 at 0.3348 is still sloping downward, so I’d stay cautious.
Right now, 0.3344 is the clearest nearby support shown on the chart, while 0.3348–0.3349 is the area I’m watching above. I’d like to see price hold above 0.3346 and push toward the MA60 before considering the setup attractive.
📍 Entry: 0.3346–0.3347
🎯 TP1: 0.3348
🎯 TP2: 0.3349
🛑 Invalidation: 0.3344
If price loses 0.3344, I’d step away from this setup because that is the visible recent low/support area on the chart. The volume shown also doesn’t give me a strong enough reason to assume a larger breakout.
For me, this is a small-range bounce setup, not a confirmed trend reversal. I’m waiting for price to prove it can reclaim the declining MA60 before getting more confident.
Right now, 0.3344 is the clearest nearby support shown on the chart, while 0.3348–0.3349 is the area I’m watching above. I’d like to see price hold above 0.3346 and push toward the MA60 before considering the setup attractive.
📍 Entry: 0.3346–0.3347
🎯 TP1: 0.3348
🎯 TP2: 0.3349
🛑 Invalidation: 0.3344
If price loses 0.3344, I’d step away from this setup because that is the visible recent low/support area on the chart. The volume shown also doesn’t give me a strong enough reason to assume a larger breakout.
For me, this is a small-range bounce setup, not a confirmed trend reversal. I’m waiting for price to prove it can reclaim the declining MA60 before getting more confident.