$TRX TRX/USDT (4H) โ When to Take a Trade ๐ฅ
TRX is in a clean uptrend, making higher highs & higher lows.
Price is currently pulling back to MA50, which is a key decision zone ๐
๐ Market Structure
Price: $0.3065
Trend: Bullish
MA Levels:
MA50: 0.306 (acting as support now)
MA100: 0.298
MA200: 0.291
๐ Price above all MAs = trend still strong
โ ๏ธ Key Levels
Resistance ๐ง
$0.312 โ $0.319 (recent rejection zone)
Break above โ $0.33+
Support ๐ข
$0.304 โ $0.306 (MA50 zone)
$0.298 (strong support / MA100)
๐ก When to Take Trade
โ Best Entry (Safe Trade)
Enter near: $0.304 โ $0.306 (current pullback zone)
Condition: Hold above MA50 + bullish candle confirmation
SL: $0.298
Targets:
T1: $0.312
T2: $0.319
T3: $0.33
๐ This is the best risk/reward setup
๐ Breakout Trade (Aggressive)
Entry: Above $0.319 (strong breakout candle)
SL: $0.308
Targets:
$0.33 โ $0.345
๐ For momentum traders
โ Avoid This
Donโt enter if price breaks below $0.304 without support
Avoid chasing near resistance
๐ Pro Tip
If entry at support works โ book partial profit at $0.312
Move SL to cost โ risk-free trade
๐ฅ Final Verdict
Trend: Bullish
Best Time to Trade:
โ๏ธ On pullback near $0.305
โ๏ธ Or after breakout above $0.319
Risk: Breakdown below $0.298 can shift trend weak