TRX is playing within a critical supply and demand zone, holding steady around $0.25. The $0.26 resistance level is acting as a tough barrier for now, while $0.25 is providing strong support. This consolidation phase suggests a potential breakout is brewing, and all eyes are on the charts for the next big move.
Volume analysis indicates growing interest, signaling that traders are positioning themselves ahead of a potential rally. If TRX manages to break above the $0.26 resistance, we could see momentum build towards higher levels. However, bulls aiming for the elusive $1 mark might need patience, as that milestone requires sustained buying pressure and favorable market sentiment.
On the downside, losing the $0.25 support level could lead to a retest of lower zones, so traders should manage their risks accordingly.
For now, the game plan? Keep a close watch on the breakout zones and maintain a well-thought-out strategy. TRX might just be gearing up for something big!