Wave theory enthusiasts might get excited—TRX recently formed a beautiful upward structure, and the continuous new highs are quite impressive. However, RSI has already entered the overbought zone, and a short-term correction cannot be completely ruled out. At this point, swing trading requires some patience. If it can hold the pullback, the next key level to watch is around $0.33. To put it simply, following the trend is fine, but don't forget that all trends come to an end one day—timely take profit and stop loss are always the first rules of trading.

TRX0.33%
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