Technical analysis by stewdamus about Symbol TRX: Buy recommendation (10/24/2025)

Trading Fam, A rare buy signal was given a few days ago by my indicator. Tron is one of the few altcoins that remains above the 350 SMA, while at the same time, BTC.D is currently below the 350 SMA. Additionally, you can see that Tron is testing the bottom side of our triangle. I am expecting a bounce from here to go back up to the top. If we break, I have my target set at .37, though we could go as high as .40 cents with a breakout. You can see we are in a large buy-side liquidity block, meaning there are a lot of institutional buyer at this level. Finally, you can see that red 200 dma, which will also help support price should we get that low. All this being said, this is a higher risk trade since most alts are obviously in a local downtrend. Therefore, I am not willing to take more than a 5% loss on the trade. ✌️Stew