analysis 📊Tron TRX-->>USDT — Technical Analysis (1D Timeframe)🚀

[100%]

 

1. Overall Market Structure

1.1 Long-term outlook

• TRX has been moving within a broad upward channel, gradually making higher highs and higher lows.

• Despite short-term volatility, the general direction remains mildly bullish, with buyers defending multiple green demand zones.

1.2 Current trend

• The recent correction took TRX back into a major green demand zone, where strong buying interest appeared.

• Price is currently stabilizing around 0.29 USDT, with early signs of a potential bullish reversal.

---

2. Key Levels (Support & Resistance)

2.1 Major Demand Zones (Green Areas)

• 0.275 – 0.285 USDT

• Strongly defended area.

• Multiple historical bounces.

• Recently triggered another upward reaction — very important for bulls.

• 0.255 – 0.270 USDT

• Deep demand zone.

• Last defense level before the trend structure breaks.

---

2.2 Major Supply Zones (Red Areas)

• 0.305 – 0.315 USDT

• Closest resistance.

• Price reacted here many times.

• Needs to break for bullish continuation.

• 0.330 – 0.350 USDT

• Heavily contested zone.

• Key target once the first resistance breaks.

• 0.365 – 0.380 USDT

• This is where the projected bullish move on the chart aims.

• Major long-term resistance region.

---

3. Visible Patterns & Market Behavior

3.1 V-shape rebound inside demand

• Price formed a sharp recovery from the green zone — typical for liquidity sweeps and accumulation.

3.2 Projected bullish structure

The chart shows:

• A consolidation phase at ~0.29

• A slow grind upward

• Followed by a strong breakout move toward 0.36–0.38

This projection aligns with a potential bullish continuation pattern.

3.3 Market sentiment

• Short-term: Neutral–Bullish (price stabilizing above demand)

• Mid-term: Bullish, if price breaks above 0.305–0.315

• Long-term: Bullish as long as the green zones hold

---

4. What I Would Consider Playing Right Now

(Again — NOT financial advice, just a trader’s perspective.)

---

4.1 Best Long Setup (Recommended)

✔ Entry Zone:

0.285 – 0.295 USDT

Price is currently right inside this ideal support region.

✔ Stop-Loss:

Below 0.274 (under the demand zone)

✔ Take-Profits:

• TP1: 0.305

• TP2: 0.315

• TP3: 0.330

• TP4: 0.350

• TP5: 0.365–0.380 (major resistance)

This setup matches the projected green upward line on the chart.

---

4.2 Aggressive Breakout Play

✔ Entry Trigger:

Break & close above 0.315

✔ Stop-Loss:

0.304

✔ Targets:

0.330 → 0.350 → 0.370

---

4.3 Short Setup?

Not recommended right now.

The only area where a short makes sense would be:

• A strong rejection at 0.350–0.380,

• With large wicks or bearish engulfing candles.

Until that level is reached, momentum is leaning upward.

---

5. Summary

• TRX is sitting on an important 1D demand zone.

• Market shows signs of accumulation and upward continuation.

• Best strategy now appears to be longs on dips or breakout longs above resistance.

• Targets toward 0.330 → 0.350 → 0.380 remain realistic as long as demand holds.

• Risk is clearly defined below 0.274 USDT.

If you want lower timeframe precision (e.g., 4H trend shifts, liquidity grabs, or exact sniper entries) — this becomes available with the premium upgrade.