$TRX In a historical sell-exhaustion zone on the 1-hour chart — a rare opportunity for a long? 🔥
$TRX /USDT — long 🟢
Trading plan:
Entry: 0.325591 – 0.326158
Stop loss: 0.325191
Target 1: 0.3269
Target 2: 0.327583
Target 3: 0.328609
Why this setup?
RSI at 14.45 indicates a sharp sell exhaustion on the 1-hour timeframe
Price at a macro low with tight ATR of 0.001 improves the risk/reward ratio
Sentiment is roughly balanced (ratio 0.97), which may trigger short-covering
Do you think the current sell exhaustion is enough for a strong bounce, or do we need a fundamental catalyst?
$TRX
This content is not investment advice; do your own research (DYOR)
$TRX /USDT — long 🟢
Trading plan:
Entry: 0.325591 – 0.326158
Stop loss: 0.325191
Target 1: 0.3269
Target 2: 0.327583
Target 3: 0.328609
Why this setup?
RSI at 14.45 indicates a sharp sell exhaustion on the 1-hour timeframe
Price at a macro low with tight ATR of 0.001 improves the risk/reward ratio
Sentiment is roughly balanced (ratio 0.97), which may trigger short-covering
Do you think the current sell exhaustion is enough for a strong bounce, or do we need a fundamental catalyst?
$TRX
This content is not investment advice; do your own research (DYOR)
