🔥 $TRX 1H: Can Buyers Reclaim Control After the Pullback?
📊 Timeframe: 1H (Analysis based only on the uploaded chart)
📊 Market Bias: Neutral → Slightly Bearish $TRX is attempting a bounce after rejecting from 0.3312, but price remains below MA25 while testing the MA99 support. Bulls need a confirmed reclaim of the short-term moving averages before momentum shifts.
🎯 Trade Setup: WAIT (Long only on confirmation)
Entry Zone: 1H close above 0.3278–0.3285 with increasing volume.
Stop Loss: Below 0.3260 (recent swing low).
TP1: 0.3295
TP2: 0.3312
TP3: 0.3335 (only if breakout continues)
Risk:Reward: 1:2.2
Trade Invalidation: A 1H candle closing below 0.3260 invalidates the long setup.
📈 Technical Analysis
Price Action: Short-term pullback after a failed breakout; buyers are attempting to stabilize.
Market Structure: Neutral with a slight bearish tilt until resistance is reclaimed.
Support: 0.3260–0.3264
Resistance: 0.3285, then 0.3312
MA Structure: MA7 < MA25, while price is testing MA99, signaling a key decision zone.
Volume: Selling volume has eased; a bullish breakout requires higher buy volume.
SMC: Recent liquidity sweep above 0.3312 was followed by a rejection. Wait for a Bullish Break of Structure (BOS) before entering.
Order Block / FVG: Demand sits around 0.3260, while the nearest supply is 0.3288–0.3312.
#TRX #TRX✅ #TRX #Trxusdt #TRX/USDT❤️
📊 Timeframe: 1H (Analysis based only on the uploaded chart)
📊 Market Bias: Neutral → Slightly Bearish $TRX is attempting a bounce after rejecting from 0.3312, but price remains below MA25 while testing the MA99 support. Bulls need a confirmed reclaim of the short-term moving averages before momentum shifts.
🎯 Trade Setup: WAIT (Long only on confirmation)
Entry Zone: 1H close above 0.3278–0.3285 with increasing volume.
Stop Loss: Below 0.3260 (recent swing low).
TP1: 0.3295
TP2: 0.3312
TP3: 0.3335 (only if breakout continues)
Risk:Reward: 1:2.2
Trade Invalidation: A 1H candle closing below 0.3260 invalidates the long setup.
📈 Technical Analysis
Price Action: Short-term pullback after a failed breakout; buyers are attempting to stabilize.
Market Structure: Neutral with a slight bearish tilt until resistance is reclaimed.
Support: 0.3260–0.3264
Resistance: 0.3285, then 0.3312
MA Structure: MA7 < MA25, while price is testing MA99, signaling a key decision zone.
Volume: Selling volume has eased; a bullish breakout requires higher buy volume.
SMC: Recent liquidity sweep above 0.3312 was followed by a rejection. Wait for a Bullish Break of Structure (BOS) before entering.
Order Block / FVG: Demand sits around 0.3260, while the nearest supply is 0.3288–0.3312.
#TRX #TRX✅ #TRX #Trxusdt #TRX/USDT❤️