TRX is currently trading at $0.24, which acts as strong support. The 30-day moving average is $0.26, and if TRX consolidates above this level, it could signal a new uptrend.

Historical analysis shows that when the 30-day high and low are close together, it often indicates an accumulation phase before a significant price move.

If TRX can close above $0.26, there is a chance for a small rally to the 30-day high at $0.29. This creates a potential opportunity for traders who are watching key support and resistance levels.