Technical analysis 📈 RSI(14): 56.78, in the neutral to bullish zone The MACD shows positive values, but the momentum is weakening. The price is near the middle band of the Bollinger Bands, and volatility is narrowing. The Super Trend Indicator shows that the bullish signal continues.
Key Price Level 🎯 Resistance level: $0.3515-$0.3520 Support level: $0.3494-$0.3500
Market Sentiment 📰 Whale activity is frequent, on August 25, an investor spent 5.02 million USDT to purchase 13.73 million TRX, indicating that large funds are optimistic about the market outlook.
Trading Strategy ⚡ Long strategy: Accumulate positions in batches around $0.3500, stop loss at $0.3485, target at $0.3550 Risk Control: Position control within 30%, closely monitor changes in trading volume.
Short-term outlook 🚀 The technical indicators lean towards neutral, and a breakthrough of $0.3520 is needed to confirm an upward trend; otherwise, it may oscillate within the current range. #MLP#
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#TRX#
📊 TRX Strategy Analysis
Current Price: $0.3512 💰
Technical analysis 📈
RSI(14): 56.78, in the neutral to bullish zone
The MACD shows positive values, but the momentum is weakening.
The price is near the middle band of the Bollinger Bands, and volatility is narrowing.
The Super Trend Indicator shows that the bullish signal continues.
Key Price Level 🎯
Resistance level: $0.3515-$0.3520
Support level: $0.3494-$0.3500
Market Sentiment 📰
Whale activity is frequent, on August 25, an investor spent 5.02 million USDT to purchase 13.73 million TRX, indicating that large funds are optimistic about the market outlook.
Trading Strategy ⚡
Long strategy: Accumulate positions in batches around $0.3500, stop loss at $0.3485, target at $0.3550
Risk Control: Position control within 30%, closely monitor changes in trading volume.
Short-term outlook 🚀
The technical indicators lean towards neutral, and a breakthrough of $0.3520 is needed to confirm an upward trend; otherwise, it may oscillate within the current range.
#MLP#