$TRX is preparing to go long, and $SOXL as well as $RIF continue to maintain a long bias. The shorts are too crowded right now, and the RSI has already been pushed to extreme oversold levels. At this level, I plan to catch a low-entry mean-reversion rebound. For entry, you can watch around 0.3181 to 0.3263. The first target is 0.33432; higher up is 0.34402. Place the defense at 0.30856. However, watch the risk: the current short momentum is still very strong, and before the rebound, it may first dip below the 24-hour low. Don’t YOLO with the full position—manage your position size based on your account, and don’t chase too hard.

TRX-0.64%
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