$TRX Breakout Is Near โ But Wait for Confirmation ๐
TRX is showing short-term strength around $0.3360, with price holding above the key moving averages on the 15-minute chart.
But thereโs one thing to watch: $0.3361โ$0.3364 resistance.
๐ My trading plan:
- Resistance: $0.3361โ$0.3364
- Support: $0.3355โ$0.3356
- Long idea: Only after a strong 15m close above resistance with rising volume.
- If breakout fails: Avoid chasing the move.
Price moving up is not enough. Volume and candle-close confirmation matter.
Iโm watching the setup, not chasing the candle. What are you watching on TRX?
#TRX #Trxusdt #cryptotrading #TechnicalAnalysis #BreakoutTrading
TRX is showing short-term strength around $0.3360, with price holding above the key moving averages on the 15-minute chart.
But thereโs one thing to watch: $0.3361โ$0.3364 resistance.
๐ My trading plan:
- Resistance: $0.3361โ$0.3364
- Support: $0.3355โ$0.3356
- Long idea: Only after a strong 15m close above resistance with rising volume.
- If breakout fails: Avoid chasing the move.
Price moving up is not enough. Volume and candle-close confirmation matter.
Iโm watching the setup, not chasing the candle. What are you watching on TRX?
#TRX #Trxusdt #cryptotrading #TechnicalAnalysis #BreakoutTrading