$TRX is currently trading at $0.2588, up +1.57% on the day. The price has been consolidating in an ascending channel since the recent dip. The chart shows potential for further upside as the price is testing the upper boundary of the channel.
Signal:
* Entry: Buy at the current price of $0.2588
* Target 1: $0.2600
* Target 2: $0.2615
* Target 3: $0.2630
* Stop Loss: $0.2560
* Resistance: $0.2630
* Support: $0.2560
Caution:
Traders should monitor the market closely for stability or potential breakout signals. A break below the support level could signal a reversal.
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