$TRX Analysis – Bull Run Exhaustion or Room for More Upside? 🔥

$TRX soared to $0.4500, marking a 69% rally within 24 hours, before retracing to $0.3765. The sharp rejection at $0.4500 hints at profit-taking, leaving the next move dependent on critical price levels.

Trade Setups:

Bullish Scenario:

Long Entry: $0.3900

Targets: $0.4200, $0.4500, $0.4700

Stop Loss: $0.3500

Bearish Scenario:

Short Entry: $0.3600

Targets: $0.3300, $0.3000, $0.2800

Stop Loss: $0.4000

Market Outlook:

The pattern suggests a possible bearish pullback, especially if $0.3600 is lost. However, if bulls regain $0.4000, expect a renewed rally toward $0.4500 and beyond.

Key Levels to Watch:

Support: $0.3600, $0

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