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$TRX — Short squeeze strengthens bullish momentum.
Long $TRX
Entry: 0.3270 – 0.3340
SL: 0.3190
TP1: 0.3420
TP2: 0.3550
TP3: 0.3750
A notable $4.13K short liquidation just hit TRX at $0.33231, forcing bearish traders to cover positions as price pushed higher. The squeeze confirms improving buyer strength and signals that sellers are beginning to lose control of the short-term trend.
Price is holding above key support levels while attracting fresh buying interest on pullbacks. The forced buying generated by liquidated shorts adds additional fuel to the rally, creating favorable conditions for continued upside expansion.
If TRX maintains the 0.3270–0.3340 support zone and breaks above 0.3420 resistance, momentum could accelerate rapidly toward higher targets. With bears under pressure and bullish sentiment strengthening, the path of least resistance remains firmly to the upside as buyers continue gaining control of the market.