Trade Idea: TRX LONG

Opened 2026-01-16 21:00:38 · Valid until 2026-01-17 21:00:38 · Triggered 2026-01-16 21:12:02

How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.

LONG LIVE RR 1.80 Conf 75% Scalp 4-6 hours

Entry

0.31030000

Stop

0.30700000

Targets

0.31350000 / 0.31600000 / 0.31850000

Live price

0.30971100

Live ROI

-0.19% vs entry

Idea ID

#6933

Now Entry Stop TP

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Thesis and checks

TRX shows a short-term bullish reversal setup across multiple timeframes supporting a scalp long trade:

5m chart: Price formed a double bottom near 0.3070 with rising volume, indicating immediate support and potential bounce.
15m chart: RSI is recovering from oversold levels, signaling momentum shift to upside.
1h chart: Price is holding above the 20 EMA and showing early signs of a bullish engulfing candle, confirming short-term strength.
Risk-reward ratio is favorable at 1.8 with tight stop below recent support and multiple take profit levels near resistance zones.

Trade ideas are educational. Manage risk and position size.