🚨$TRX TRX/USDT GAINING MOMENTUM: Trading at $0.2123 – Will the Bulls Push Higher? 🚨
Tron (TRX) is up 1.87%, currently trading at $0.2123, just shy of its 24-hour high of $0.2127. With solid buying interest and upward momentum, TRX is testing critical levels that could determine its next move.
Key Levels to Watch:
Resistance: $0.2248 – A breakout above this could signal a rally toward $0.2350, $0.2455, and $0.2550.
Support: $0.2033 – A break below this level may lead to a retracement toward $0.1950 or even $0.1800.
Trade Setup:
Long Entry: Look for sustained movement above $0.2135, targeting $0.2248 and higher.
Short Entry: If TRX drops below $0.2030, expect bearish momentum toward the support levels.
Stop Loss: Place stops below $0.2010 for longs and above $0.2150 for shorts.
⚠️ Note:
TRX’s current bullish bias signals potential for further upside, but traders should remain cautious of market-wide volatility and closely monitor price action for confirmation.