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#TRX /USDT โ Oversold Bounce Opportunity! ๐ฅ๐ฏ
Current Price: $0.2350 (+1.29%)
$TRX is showing early signs of a potential reversal after tagging the 24H low of $0.2316. A base may be forming for a relief bounce.
Key Levels:
Support: $0.2320 / $0.2300
Resistance: $0.2380 / $0.2400 (24H high)
24H Range: $0.2316 โ $0.2402
Trade Setup:
Entry Zone: $0.2340 โ $0.2355
Targets:
๐ฏ TP1: $0.2380
๐ฏ TP2: $0.2400
๐ฏ TP3: $0.2430
Stop Loss: Below $0.2305
Market Insight:
TRX is coming off a short-term downtrend, but the price is stabilizing near key support. A bounce to retest local highs is likely if volume picks up.
Pro Tip:
Watch for bullish engulfing candles on the 15m or a break above $0.2365 for confirmation.
TRX may be setting up for a quick rebound โ keep your eyes on the charts!
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