Lingrid | TRXUSDT continuation OPPORTUNITY from SWAP zone

Oct 22

The price perfectly fulfilled my last idea. It hit the target level. TRXUSDT pulled back toward the swap zone that has been tested multiple times previously, and it took liquidity below the equal lows, creating a false breakout of this significant level. Given that the overall trend remains bullish, it seems likely that the market may enter a short-term sideways phase between the levels of 0.1570 and 0.1650. The presence of a recent bullish candle supports the idea of a potential upward continuation. If the market maintains its position above the swap zone, we could see a move higher if it regains momentum. My goal is resistance zone around 0.1620

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Oct 24

Trade closed: target reached

The price hit target zone