Posts
avatar
IRFAN AWAN 3

$TRX $USDT

Based on the 15-minute timeframe chart for TRX/USDT on KuCoin:

Technical Setup Analysis

* Price Trend: TRX experienced a sharp, vertical bullish breakout from the lower consolidation range (~0.3437) up to a 24-hour high of 0.3486.

* Current Candle: The latest candle shows early signs of profit-taking / pullback with a red upper-wick candle, currently trading around 0.3480.

* Resistance: Immediatly at 0.3486 (24h High).

* Support Levels: First support at 0.3470 (mid-breakout level), followed by key structural support at 0.3453 and 0.3437.

Trade Signals

Option 1: Short / Counter-Trend Scalp (Aggressive)

* Entry: $0.3478 - $0.3483

* Target 1 (TP1): $0.3465

* Target 2 (TP2): $0.3453

* Stop Loss (SL): $0.3492 (Above 24h High)

Option 2: Long / Trend Continuation (Safer)

* Entry: Wait for a retest/pullback at $0.3460 - $0.3465

* Target 1 (TP1): $0.3486

* Target 2 (TP2): $0.3510

* Stop Loss (SL): $0.3448

Disclaimer: Crypto trading carries substantial risk. Manage your risk carefully and always use a stop loss.


coin
TRX/USDT
0.3216
+0.15%

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment