🚨 $TRX /USDT Analysis: Key Support Tested – Breakout or Breakdown Ahead? 🚨
Tron ($TRX ) is trading at 0.3207, down 2.11% in the last 24 hours after reaching a high of 0.3459 and bouncing from a low of 0.3121. TRX is at a critical level, and the next move could set the tone for the short-term trend.
💡 Key Levels to Monitor:
1. Resistance Zone: 0.3300 – A breakout above this level could reignite bullish momentum and push TRX higher.
2. Support Level: 0.3150 – Holding this level is crucial to avoid further downside and maintain stability.
🎯 Targets to Watch:
Target 1: 0.3300 – Testing and breaking this resistance will confirm renewed buying interest.
Target 2: 0.3400 – Sustained momentum could see TRX pushing toward this secondary target.
Target 3: 0.3500 – A longer-term target if bullish momentum builds, potentially setting a new local high.
⚠️ Risk Management: If TRX fails to hold above 0.3150, it may retest 0.3100 or lower, signaling bearish continuation.
Watch these levels closely as TRX navigates a pivotal moment – the market is heating up!