$TRX is currently trading at $0.1828, up 9.86% in the last 24 hours. The daily chart shows a strong bullish trend with potential for further upside.

Key Support and Resistance Levels

Support: $0.1759, $0.1596

Resistance: $0.1848, $0.1861

Entry Signal

A potential entry signal could be a retest of the $0.1759 support level. If the price bounces off this level, it could signal a buying opportunity with a potential target of $0.1848.

Risk Management

As with any investment, it's crucial to implement risk management strategies. Consider using stop-loss orders to limit potential losses.

Disclaimer:

This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult with a financial advisor before making investment decisions.

Additional Considerations

Market Sentiment: Monitor overall market sentiment and news related to TRX for potential impacts on price.

Technical Indicators: Utilize additional technical indicators like RSI, MACD, or Bollinger Bands to confirm trends and identify potential reversal points.#WillBTCBreak100KSoon #cryptomarketcapATH #BTCBreaks89k #Devcon2024 #Write2Earn!