$TRX
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The current price is trading above the moving averages, indicating a potential uptrend.
Relative Strength Index (RSI):
The RSI is at 61.41, a level indicating that the market is still in a neutral to bullish zone, and has not yet reached the overbought levels (70).
Trading Volume:
The trading volume is relatively high (1.268M), indicating strong activity in the market.
Supports and Resistance:
The nearest resistance is at 0.2940, and if broken, the market may witness further upside.
Targets:
0.31
0.32
The current support is at 0.2893, and if the price drops below it, there may be a correction downward.
Recommendation:
If you intend to enter the buy, wait for confirmation of the resistance break at 0.2940.
If you are worried about a correction, you can place a stop loss below the support at 0.2890.
DYOR
Do your own research