2026-02-28 05:16:14

The 1H level is oscillating around a critical support area, with RSI showing a bullish divergence signal. The 4H level is supported near the EMA50, and a short-term rebound is imminent.

🎯Direction: Long $TRX Long(
⚡Entry/Order: 0.2820 - 0.2825
🛑Stop Loss: 0.2805
🚀Target 1: 0.2850
🚀Target 2: 0.2875
🛡️Trading Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for Target 2. If the price encounters resistance at Target 1 and pulls back, take full profit.
Depth logic: Although the price has slightly declined, open interest (OI) remains stable, indicating no major liquidation by large players. The 1H RSI (38.12) has entered oversold territory and shows bullish divergence. The bid-ask depth ratio (0.95) indicates strong support below. After the price retested the EMA50 (0.2842) on the 4H chart and stabilized, combined with negative funding rates, there is potential for a short squeeze rebound.
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TRX-0.29%

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