$TRX /USDT latest analysis 👌👌

Support and Resistance

- Current Price:0.1368 USDT

- Resistance:0.1370 USDT

- Support: 0.1340 USDT

Breakout Possibilities

- Bullish Scenario: If the price breaks above the resistance level of 0.1370 USDT with a confirmed candle close, it may signal a potential bullish breakout. Key levels to watch for targets could be higher resistance levels, which will be identified as the price moves upward.

- Bearish Scenario: If the price falls below the support level of 0.1340 USDT with a confirmed candle close, it may indicate a bearish breakdown. The price might target lower support levels, such as 0.1334 USDT and further down if the bearish momentum continues.

Monitoring the volume and other indicators like moving averages can provide additional confirmation for potential breakouts or breakdowns.

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