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Hxlaw
Hxlaw
$TRIA Trend analysis (Frame 1h) • Price structure: The price is in a short-term uptrend, maintaining on important moving averages such as MA20 (blue) and MA60 (purple). • MA lines: Short-term MA lines (MA5, MA10) are facing up and on long-term lines, indicating that buying force is still dominating. • Current candle: A green candle appears at $0.04257, indicating that there is profit-taking pressure at the old peak. Transaction scenario 1. Long Order (Buy) - Prioritize according to the trend • Entry point (Entry): Wait for the price to adjust to the support area around $0.0400 - $0.0405 (convergence zone of MA20 and MA120). • Take profit (TP): Expect to return to the old peak of $0.0425 or higher if the previous candlestick is broken. • Stop loss (SL): Close the position if the price breaks through the $0.0390 area (below MA30 and MA60). 2. Short order (Sell) - Short-term reversal • Entry point (Entry): If the price cannot break the resistance zone of $0.0420 - $0.0425 and there is another reversal candle (such as Pin bar or Engulfing). • Take profit (TP): The target returns to the lower MA lines at $0.0402. • Stop loss (SL): Above the highest 24-hour peak of $0.0426. Important note • Strong fluctuation: The long-bearded candle at $0.04257 shows a very large fluctuation range, you should be careful with high leverage. • Volume: Observe the Volume column below to confirm the breakout force if you intend to chase the rising price.

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