$TRX Signal】Long - 1H pullback confirmation, 4H trend support, obvious signs of main force defending the market



$TRX The 1H timeframe is consolidating strongly above the EMA20 (0.2828), just completing a healthy pullback from the previous 4H bullish candle. The 4H level is holding above the EMA50 (0.2808), and the trend structure is intact. Key signals: when the price retraced from the high of 0.2855, open interest (OI) remained stable, and the latest 1-hour buy order depth ratio reached 66%, indicating that the main force is actively defending at critical levels and rejecting deep pullbacks. In a negative fee environment, this is a typical short squeeze buildup structure.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2835 - 0.2840 (Reason: 1H EMA20 dynamic support zone, also the current consolidation center )

🛑Stop Loss: 0.2820 (Reason: Break below 1H EMA50 support and the previous 1H candle low )

🚀Target 1: 0.2865 (Reason: Previous high resistance level, also a recent 4H high )

🚀Target 2: 0.2890 (Reason: ATR-based 1.618 extension level, an inertial target after breaking previous high )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H/4H trend resonance, and strong buy order depth in the order book, risk is controllable )

- Execution strategy: After the price reaches 0.2865 (Target 1), reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 0.2835 (break-even). If the price strongly breaks through 0.2865 and stabilizes, hold the remaining position to target 2.

Depth logic: Market logic indicates “price rising, please consider whether the main force is entering or shorts are stepping on the accelerator” based on volume. Data shows that during the retracement from 0.2855, OI remained stable without panic selling by longs, which suggests active main force defending and accumulating at key levels (4H EMA50). The 1H RSI (60.38) is in a healthy bullish zone with room for further upside. The order book depth imbalance reaches 24.95%, with concentrated buy strength and solid support below.

View real-time market 👇 $TRX

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