$TRX
Binance Technical Analysis:
TRX/USDT Price Update ๐ฏ
๐ Current Price: 0.2446 USDT
๐ 24h High: 0.2561 USDT
๐ 24h Low: 0.2383 USDT
๐น 24h Volume: 956.75M TRX
As the TRX/USDT pair continues to show bullish momentum, let's break down the technical analysis with 3 key price targets to watch.
Key Levels:
1. Target 1: 0.2664 USDT (MA(7))
This level aligns with the short-term moving average and could be a strong resistance point. A break above this level could signal a continuation of the upward trend.
2. Target 2: 0.2736 USDT (MA(25))
If TRX/USDT reaches this level, it would indicate that the asset is gaining strength and could pave the way for further bullish movements. This is a significant mid-term resistance.
3. Target 3: 0.1932 USDT (MA(99))
On the flip side, a pullback towards this level could be a potential support area for buyers to re-enter. This represents a deeper retracement for the pair if the upward momentum falters.
Technical Indicators:
Volume: 956.75M TRX traded in the last 24 hours, showing strong market activity.
Market Sentiment: The price has seen a +2.47% increase in the last 24 hours, demonstrating bullish sentiment in the market.
Stay tuned for further updates and happy trading! ๐
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