【$TRX Signal】Long | Healthy Consolidation After Breaking Previous High

$TRX After breaking through the key resistance at 0.278, the price consolidates narrowly above the previous high. This is a typical healthy reset after a breakout, not a top formation.

🎯Direction: Long

🎯Entry: 0.2785 - 0.2790

🛑Stop Loss: 0.2767 (Rigid stop loss, triggered if it breaks below the 4H bullish candle entry point)

🚀Target 1: 0.2820

🚀Target 2: 0.2850

Market Analysis: The price has stabilized above the EMA20 (0.2772), confirming a short-term bullish trend. Three consecutive 4H bullish candles with increasing buying volume ratios (0.56/0.61/0.57) indicate active buying by major players.

Hardcore Logic: Key data resonance. 1. Depth imbalance is as high as 33.81%, with buy volume twice that of sell volume, indicating strong support below and institutional accumulation. 2. Open interest remains stable, funding rate is only 0.0078%, showing no signs of extreme greed, low risk of short squeeze. 3. RSI at 56.28 is in a healthy zone, leaving room for further upward movement. The price confirmed the breakout after retesting the downward trendline formed at the end of January, with a complete structure.

Risk Control Core: Set stop loss below the start of the most recent volume-increasing bullish candle, with a clear failure point. Risk-reward ratio >2, ensuring mathematical advantage.

Trade here 👇 $TRX

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