
财经少华|Jul 06, 2025 05:55
Speaking of TRX's bullish signals and trading strategies
Bullish factors:
Over the past month, TRX accumulation has increased, with 98% of holders making profits and social media engagement increasing. TRON's daily trading volume has doubled, leading to an increase in network revenue. The net outflow of TRX from the exchange indicates an increased willingness to hold, similar to the October 2024 pattern, followed by a price rebound.
Technical analysis:
TRX has fluctuated between $0.24 and $0.2945 since May, with $0.3 being the key pressure.
The strong support range of $0.24 to $0.28 indicates low selling pressure.
The liquidity concentration areas are 0.29 US dollars and 0.295 US dollars to 0.3 US dollars, which may attract prices to these areas.
Trading strategy:
Long: Entry: $0.24 to $0.28.
Target: $0.295 to $0.3.
Stop loss: Below $0.24.
Breakthrough long:
Break through $0.2945 and retrace to $0.3 as support before going long, with a target of $0.32 and a stop loss below $0.29.
Short selling: Short selling when a bearish reversal occurs between $0.295 and $0.3, with a target of $0.28 or $0.24 and a stop loss above $0.3.
Risk: There may be profit taking or reversal around $0.3, and market volatility and a breakthrough of $0.2945 should be monitored.
Conclusion:
The bullish trend of TRX is evident, with strong support from $0.24 to $0.28. Breaking through $0.2945 can continue the upward trend. Please operate flexibly in conjunction with market conditions.
TRX
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