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$TRX Current price 0.3110 USDT, do you think this is just a continued trap to lure more buyers, or is a pullback already in the cards?
My personal view leans towards: wait for consolidation before pushing higher $TRX
Reasons:
- The structure has not been broken, and the trend momentum is still relatively strong
- Support remains after the pullback, and there’s no clear sign of active selling
- TP1 target at 0.8R, TP2 at 1R, remaining positions follow the 5m EMA20 to protect profits
Suggested entry price: 0.3085 USDT
Estimated target price: 0.3272 USDT
Stop-loss reference: 0.3010 USDT
But the biggest risk at this level is a high-volume surge that fails to break higher.
Which side are you on? Bullish / Bearish / Wait and see?