Trade Idea: TRX LONG

Opened 2026-02-08 20:01:05 · Valid until 2026-02-09 20:01:05

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 PENDING RR 1.80 Conf 75% Scalp 4-6 hours

Entry

0.27930000

Stop

0.27600000

Targets

0.28250000 / 0.28500000 / 0.28750000

Live price

0.27741400

Live ROI

-0.68% vs entry

Idea ID

#7699

Now Entry Stop TP

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Thesis and checks

Multiple timeframes indicate a bullish momentum suitable for a scalp trade on TRX.

5m chart: Price shows a strong bounce off support near 0.2760 with a bullish engulfing candle signaling short-term reversal.
15m chart: RSI rising from oversold levels and MACD histogram turning positive, confirming upward momentum.
1h chart: Price consolidating above the 20 EMA with higher lows, indicating sustained buying pressure.
Risk-reward ratio is above 1.6 with tight stop loss near recent support and multiple take profit levels near resistance zones.

Trade ideas are educational. Manage risk and position size.