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Now watching $TRX , the price is around 0.3161 USDT. Do you think it should keep grinding higher from here, or is it about time to pull back a bit?
If I state the conclusion first, I’d lean more toward: first watch for consolidation, then continue the upward push.
I mainly see it this way:
First, the hot money is still watching this direction, and the sentiment hasn’t completely cooled off.
Second, the strong coin pullback isn’t deep, which suggests buyers are still willing to absorb the dip.
Adding one more line: the 15m establishes the structure, the 5m provides confirmation, and the 1m only handles fine-tuning the entry points. If there’s a 1m breakdown without 5m confirmation, I won’t do it.
Suggested entry price: 0.3140 USDT
Take-profit level to watch: 0.3330 USDT
Where you should exit if you’re wrong: 0.3064 USDT
But the biggest risk at this level is a high-volume spike that can’t break through and go higher. $TRX