This analysis is for those who are looking for some good investments in the crypto market. As we can see many meme coins getting pumped and dumped within a few hours, due to which, the beginners loose a lot of money. So, if you're one of those people, or you got some losses from the crypto market, Tron (TRX) is one of the coins which might give good returns on...
TRON (TRX), not financial advice.
Might want to sell before token swap situation medium.com
But it could also continue to pump through the swap, trailing stop will protect you.
Target 1: 1000 (870 short term)
Target 2: 1083
possible profit 25% - 34% (7.7% short term)
possible loss 4.34%
Risk/reward 5.77 - 7.89
Keep your eyes on...
After an Incredible run TRX is still holding on the trend line as we have a lot of buyers in the 860 - 900 area , on the bright side TRX is now in a smaller consolidating ascending triangle which will be breaking upwards but as BTC market still slides down a break of the current triangle upward could achieve a target between 970 - 990 sat. Good luck!