$TRX USDT: Can Buyers Push TRON Into Its Next Rally?
The next important battle for TRX is around $0.3202.
Here is what I am watching:
LONG Trading Plan
- Current reference price: $0.3193
- Buy zone: $0.3205 – $0.3215 (after breakout confirmation)
- Stop Loss: $0.3175
- Target 1: $0.3231
- Target 2: $0.3275
- Target 3: $0.3337
Why I Am Watching TRX
- A short liquidation of $10.045K was recorded at $0.32016 on Binance.
- The $0.3202 resistance is the first major breakout level.
- RSI readings show mixed momentum, so confirmation is important.
- Buyers need stronger volume to support a move toward higher targets.
What Could Happen Next?
Bullish scenario: If TRX breaks above $0.3202 and holds that level on a retest, buyers could push toward $0.3231 and $0.3275.
Bearish scenario: If TRX fails to hold $0.3175, selling pressure could bring the price toward $0.3157 and potentially $0.3077.
My Trading View
I would not chase TRX blindly. I want to see a clean breakout, strong buying volume, and confirmation before entering a LONG position.
The liquidation data is interesting, but price action will decide the next move.
What do you think? Can TRX break $0.3231 next, or will sellers take control?
#TRX #TRON #CryptoTrading #Binance #Altcoins
Not financial advice. These are conditional trading levels, not guaranteed results. Always manage your risk.
The next important battle for TRX is around $0.3202.
Here is what I am watching:
LONG Trading Plan
- Current reference price: $0.3193
- Buy zone: $0.3205 – $0.3215 (after breakout confirmation)
- Stop Loss: $0.3175
- Target 1: $0.3231
- Target 2: $0.3275
- Target 3: $0.3337
Why I Am Watching TRX
- A short liquidation of $10.045K was recorded at $0.32016 on Binance.
- The $0.3202 resistance is the first major breakout level.
- RSI readings show mixed momentum, so confirmation is important.
- Buyers need stronger volume to support a move toward higher targets.
What Could Happen Next?
Bullish scenario: If TRX breaks above $0.3202 and holds that level on a retest, buyers could push toward $0.3231 and $0.3275.
Bearish scenario: If TRX fails to hold $0.3175, selling pressure could bring the price toward $0.3157 and potentially $0.3077.
My Trading View
I would not chase TRX blindly. I want to see a clean breakout, strong buying volume, and confirmation before entering a LONG position.
The liquidation data is interesting, but price action will decide the next move.
What do you think? Can TRX break $0.3231 next, or will sellers take control?
#TRX #TRON #CryptoTrading #Binance #Altcoins
Not financial advice. These are conditional trading levels, not guaranteed results. Always manage your risk.