analysis 📊TRON TRX-->>USDT 4-Hour Chart Analysis🚀

[Ben]

 

This is a detailed technical analysis of TRON (TRX) against Tether (USDT) on the 4-hour timeframe. For even more precise and faster trading signals, unlock shorter timeframes by upgrading to a premium account!

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1. Current Price & Market Context

• Current Price: 0.2742 USDT

• Market Context: TRX is trading in a consolidation phase after a recent breakout above key support levels. The price is currently moving sideways, with both buyers and sellers actively defending their zones.

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2. Chart Structure & Key Levels

Support Zones

• Immediate Support: 0.2731 USDT (current price region, marked by recent price bounces and moving averages)

• Next Support: 0.2640 USDT (marked by a blue horizontal line and a green rectangle; significant previous resistance turned support)

• Lower Supports: 0.2550 USDT and 0.2450 USDT (wider green rectangles, not recently tested but important for larger moves)

Resistance Zones

• Immediate Resistance: 0.2775–0.2780 USDT (recent swing highs; price has been rejected here several times)

• Major Resistance: 0.2850 USDT (upper green zone, not reached in the current move but visible as the next target if momentum increases)

Range

• TRX is oscillating between 0.2730 and 0.2780 USDT, with a broader range from 0.2640 to 0.2850 USDT.

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3. Indicators & Technical Signals

• Moving Averages:

  • EMA 8 (green) & Close 30 Cross MA (orange): Price is hovering around these lines, indicating a neutral-to-slightly bullish momentum.

• SR Channel (blue bands):

  • Price is currently near the upper band, suggesting a potential resistance area.

• Buy/Sell Signals:

  • Frequent “Exit Buy” and “Exit Sell” signals, especially in the current range, indicating choppy, sideways action with no clear trend dominance.

• Price Action:

  • The market has shown a series of higher lows, suggesting buyers are still present, but upper resistance is holding strong.

  • Volatility has increased in recent candles, with several wicks both up and down, showing indecision.

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4. Trend & Sentiment

• Trend: Sideways/Neutral with a slight bullish bias due to the higher lows and recent breakout above 0.2640 USDT.

• Sentiment: Cautiously optimistic. Bulls are defending support, but sellers are active at resistance.

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5. Trade Ideas & Strategy

A. Range Play (Current Best Play)

• Entry (Long): 0.2730–0.2740 USDT (current price or on a dip to the lower end of the range)

• Stop-loss: 0.2700 USDT (below recent swing lows and the lower boundary of the current range)

• Take-profit: 0.2775–0.2780 USDT (immediate resistance zone)

• Rationale: TRX is range-bound. Buying near support and selling near resistance is favored until a breakout occurs.

B. Breakout Play

• Long Entry: On a confirmed 4H candle close above 0.2780 USDT with volume

• Stop-loss: 0.2740 USDT

• Take-profit: 0.2850 USDT (next major resistance)

• Short Entry: On a confirmed 4H candle close below 0.2730 USDT

• Stop-loss: 0.2750 USDT

• Take-profit: 0.2640 USDT (next support)

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6. Summary Table

Level/Zone	Action/Signal	Comment
0.2730–0.2740	Long Entry	Range play near support
0.2700	Stop-loss (Long)	Below support and swing low
0.2775–0.2780	Take-profit (Long)	Immediate resistance zone
>0.2780	Breakout Long Entry	On confirmation, target 0.2850
<0.2730	Breakdown Short	Target 0.2640

 

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7. What Would I Play Now?

• Primary Play: I would consider a range trade long from 0.2730–0.2740 USDT, with a stop-loss at 0.2700 USDT and a take-profit at 0.2775–0.2780 USDT.

• Alternative: If 0.2780 USDT is broken with strong volume, I would look for a breakout long towards 0.2850 USDT. If 0.2730 USDT breaks down, a short position targeting 0.2640 USDT becomes attractive.

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8. Important Notes

• This analysis is based on the 4-hour timeframe. For more dynamic and faster signals, unlock shorter timeframes by upgrading to a premium account!

• This is not investment advice. Every trade should be carefully analyzed and adjusted to your own risk tolerance and market outlook.

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Remember: Markets can change quickly! Always use proper risk management and never risk more than you can afford to lose. For advanced tools and exclusive signals, upgrade to premium and get access to shorter timeframes!