$TRX
TRX/USDT Analysis – Current Price: 0.2602 USDT
TRX/USDT is trading at 0.2602 USDT, maintaining steady momentum near a key support zone at 0.2550 USDT. The pair is showing resilience and could push higher if buyers sustain control. A breakout above the immediate resistance at 0.2650 USDT might drive prices toward 0.2750 USDT in the short term.
Support Levels:
Primary support at 0.2550 USDT.
Secondary support at 0.2480 USDT in case of retracement.
Resistance Levels:
Immediate resistance at 0.2650 USDT.
Extended targets at 0.2750 USDT and 0.2850 USDT for bullish scenarios.
Entry Strategy:
Bullish Entry: Enter near 0.2550–0.2600 USDT with targets at 0.2650 USDT and 0.2750 USDT.
Bearish Entry: If the price drops below 0.2480 USDT, short positions can aim for 0.2400 USDT.
Market Sentiment:
Indicators show neutral-to-bullish momentum, with RSI holding above 50 and moving averages aligning upward. Traders should monitor volume confirmations and set stop-loss at 0.2520 USDT to manage risks effectively.
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