$TRX/USDT Technical Analysis and Market Update

Current Price: $ 0.1641 (+11.94%)

TRX is trading at $ 0.1641, showing strong bullish momentum with a gain of 11.94%. The price is currently above the 7-day Moving Average (MA) at $ 0.1619 and the 25-day MA at $ 0.1572, signaling continued upward pressure.

Resistance: The closest resistance level is at $ 0.1666. If the price breaks above this level, additional gains can be expected.

Support: The main support level is at $ 0.1562. A close below this level may suggest a pullback or trend reversal.

Long Trade: Enter above $ 0.1666, targeting $ 0.1700 and $ 0.1750.

Short Trade: Enter below $0.1562, targeting $0.1520 and $0.1480.