๐ TRX/USDT Analysis: Riding the Bullish Wave๐ฅต๐ฑ๐
Current Price: TRX/USDT is trading at approximately 0.1306 USDT, showing a slight 24-hour increase of 0.0011 USDT (0.88%).
Previous Values: In the last 24 hours, TRX/USDT reached a high of 0.1317 USDT and a low of 0.1279 USDT.
๐Support and Resistance Levels:
Support (Buy Zone): Keep an eye on the 0.1279 USDT level. If TRX/USDT retraces, this area could act as a solid support.
Resistance (Sell Zone): The 0.1317 USDT level is crucial. If the price breaks above it, we might see further gains.
๐ Entry Strategy:
Consider these steps:
1. Confirmation: Wait for a clear breakout above 0.1317 USDT.
2. Pullback: If the price retraces to the 0.1279 USDT support, look for bullish candlestick patterns (like hammer or engulfing) as potential entry points.
3. Risk Management: Set stop-loss orders below the support level to protect your capital.
Remember, always do your own research and adapt your strategy based on market conditions. Happy trading! ๐ฏ.#TRX/USDTโค๏ธ #TRXUpdate #SahmRule #Write2Earn! #BinanceTurns7