$TRX Daily structure fully bullish while H4 and H1 flush into a deeply oversold demand zone.
trade plan: long $TRX
entry: 0.30480 to 0.30780
stop loss: 0.30180
targets
tp1: 0.31050
tp2: 0.31380
tp3: 0.31780
move sl to entry after tp1.
click 👇 and long $TRX
The daily is the strongest argument for this long with SAR at 0.30506 flipped below price, all three EMAs rising and price holding above the daily midband at 0.29598 confirming the macro trend is firmly bullish. The entry zone is anchored between the H4 lower BOLL band at 0.30321 and H1 lower BOLL band at 0.30502 which represents the key demand confluence on the pullback. Both H4 and H1 StochRSI are printing at near zero with H4 at exactly 0.00 and H1 at 2.73 which is maximum oversold across two timeframes simultaneously giving a high conviction bounce signal. The H4 SAR at 0.31879 is the key resistance level to watch and daily StochRSI at 83 means this is a scalp within the trend so move SL to entry fast after TP1.
risk max 1-2.