TRX is currently outperforming the market average, moving within a sideways range. The trading strategy used is Channel Trading, buying and selling based on support and resistance levels. The Bollinger Bands indicator is applied, as it is well-suited for sideways market conditions.
Entry Buy: Around the support level at 7.36767 THB
Stop Loss: If the price drops below 7.11519 THB
Take Profit Target: At the resistance level of 8.47857 THB
If the price breaks above this resistance, the trend may shift from sideways to bullish.
Entry Buy: Around the support level at 7.36767 THB
Stop Loss: If the price drops below 7.11519 THB
Take Profit Target: At the resistance level of 8.47857 THB
If the price breaks above this resistance, the trend may shift from sideways to bullish.
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