#TRXUSDT

▪️ Trade: Buy limit order
▪️ Entry: 0.3112
▪️ Take profit: Open
▪️ Stop loss: 0.2907
▪️ Valid until: Canceled
Market outlook:
An interesting setup is developing on TRX.
First, price surged and squeezed short sellers out of their positions. It then fell sharply—an unusually large move for this asset—forcing buyers out before staging another short-term rebound. This price action shows how the market can move from one liquidity zone to another, triggering stops along the way. For now, stops have been collected on both sides.
A new support zone has formed below the current price at 0.3094–0.3101. We see this as a sign that significant capital entered the market at an attractive price. So far, there has been no indication of an exit from the position.
The fundamental case is also worth considering. According to the figures in our analysis, approximately 73% of global stablecoin transactions now pass through the Tron network, which holds more than $92 billion in USDT—more than any other network. Network revenue reached a record in the third quarter, while the number of active users continues to grow.
A US-listed TRX exchange-traded fund offering staking has been trading since September, providing larger investors with another way to access the asset. Against this backdrop, we view a pullback toward 0.31 as a potential buying opportunity.
Above the current price, resistance sits at 0.3297. We expect price to test this level, then potentially pull back toward the newly formed support zone. Fresh support zones are a priority in our analysis, so we are placing a buy limit order near 0.3101.
Risk management:
In line with our trading strategy, the stop loss is placed at 0.2907, below the next support zone at 0.2945–0.2960. This leaves room for a potential false breakdown while keeping risk defined. Given the recent volatility in TRX, that extra room is necessary.
Targets:
Our first target is a return to resistance at 0.3297, where we will move the stop loss to breakeven.
The next target is 0.3531. This level has been tested before, so either a false breakout or a sustained move above it is possible. For now, we are leaving the take profit open and will monitor price action.
The order has no expiration date. Once it is filled, we will provide updates on the position.
The setup meets all the rules of our trading strategy. Let’s stay disciplined, traders. Wishing everyone profitable trades—the stops have been collected, and now we can get to work! 💪
Trade updates: https://t.me/addlist/1tRFE2bSkE04MWNi