$TRX /USDT Analysis and Targets

$TRX /USDT has surged significantly, currently trading at $0.4117 with an impressive 78.07% gain in the last 24 hours.

Key Data

Current Price: $0.4117 (+5.89% in 4 hours)

24h High: $0.4500

24h Low: $0.2259

24h Volume (TRX): 5.74B

24h Volume (USDT): $1.82B

Technical Levels

Resistance: $0.4500

Support: $0.4000, $0.3500

Short-Term Targets

1. Bullish Scenario: If momentum continues, TRX/USDT may break $0.4500 and aim for $0.4800.

2. Bearish Scenario: A retracement could see the price test $0.4000 or $0.3500 as key support levels.

Strategy

For Bulls: Look for a breakout above $0.4500 with sustained volume to target $0.4800 or higher.

For Bears: Monitor corrections and consider entries near $0.3500 for potential rebounds.

Watch trading volumes and market sentiment to confirm the trend's direction.

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