🚨 $TRX Update: Market Watch 🚨
$TRX is currently trading at $0.2909, up +4.12% for the day, but facing slight intraday selling pressure. Despite a pullback from the 24H high of $0.3047, the overall uptrend remains intact as bulls defend key support levels.
Key Observations:
Support Zone: $0.2850 - $0.2900
Resistance: $0.3000 - $0.3050
Strong buyer interest emerged earlier, pushing TRX to test the $0.30 mark.
Trading Insights:
1️⃣ If $TRX holds above $0.2900, we could see another test toward $0.3000.
2️⃣ A breakout above $0.3050 opens the path for a rally to $0.3100.
3️⃣ Risk Management: Place stop-loss near $0.2850 to protect against further downside.
🔍 Monitor closely as TRX consolidates—keep an eye on key levels for the next potential move.