The TRX is doing well. It is near the top of where it has been lately after it went back up, from 0.273. The way the TRX is moving is still looking good. We can see that it is making higher lows on the short term chart. People are putting a little money into the TRX but not too much and a lot of people are still involved with the TRX without too many people trying to get in all at once.
Trade Plan – Swing Long
Entry Zone: 0.270 – 0.274
Stop Loss: 0.258
Targets:
• 0.295
• 0.315
• 0.340
• Extended: 0.370
Leverage: 3x–5x conservative
Risk–Reward: Approximately 1:3 toward the main target
Setup Logic
The 0.270 region has been a place where people want to buy for a while. Long as the price stays above 0.258 at the end of each day it seems like the price will keep going up slowly towards 0.30 and more. If the price can break through 0.279 to 0.280 in a way it could make the price go up really fast, to 0.31 and even higher.
This is a structured swing setup, not a breakout chase. Position sizing and discipline remain essential in futures trading.
TRXUSDT
Perp
0.27974
+0.65%