Trade Idea: TRX LONG

Opened 2026-01-15 09:20:54 · Valid until 2026-01-16 09:20:54 · Triggered 2026-01-15 09:48:02 · Closed 2026-01-15 13:37:01

How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.

LONG CLOSED RR 1.80 Conf 75% Scalp 4-8 hours

Entry

0.30330000

Stop

0.29900000

Targets

0.30750000 / 0.31100000 / 0.31400000

Live price

0.30745800

Live ROI

1.37% vs entry

Idea ID

#6884

Now Entry Stop TP

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Thesis and checks

TRX shows a favorable setup for a short-term long scalp based on multi-timeframe analysis:

5m and 15m charts: Price recently bounced off a strong support zone near $0.2990 with bullish engulfing candles and rising volume, indicating immediate buying interest.
1h chart: The 1-hour RSI is recovering from oversold levels and the price is above the 20 EMA, suggesting momentum is shifting upward.
The 24h change is positive (+0.49%), supporting bullish bias in the short term.
Targets are set near recent minor resistance levels to ensure high probability of hitting TP within hours, maintaining a risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.