$TRX
🚀 TRX/USDT Technical Analysis: Is It Gaining Momentum? 🔥
TRX/USDT is trading at $0.2519, showing resilience as it holds near key levels. As the market awaits potential moves, TRX could be ready for a breakout or correction.
🔑 Key Levels to Watch:
Support: $0.2450 – Strong demand zone that has consistently held up against bearish pressures.
Resistance: $0.2600 – A break above this level could trigger a rally towards $0.2700 or higher.
📊 Technical Outlook:
TRX is holding in a tight range, suggesting potential accumulation.
Rising volume near resistance could confirm bullish momentum, while a break below support could trigger a retest of $0.2400.
🎯 Trading Strategy:
For buyers: enter above $0.2530, target $0.2600 and $0.2700, with a stop loss of $0.2430.
For sellers: consider short selling below $0.2450, target $0.2400 or $0.2350.
💡 Pro tip: watch the volume and candlestick patterns closely at these levels. TRX's steady movement can quickly translate into a sharp trend - be vigilant!
What are your expectations for TRX? Let's think about the strategy and discuss! 📈