$TRX /USDT Technical Analysis & Market Update
Current Price: $0.1641 (+11.94%)
TRX is trading at $0.1641, showing strong bullish momentum with a gain of 11.94%. The price is currently above the 7-day moving average (MA) at $0.1619 and the 25-day MA at $0.1572, signaling continued upward pressure.
Resistance: The nearest resistance level is at $0.1666. If the price breaks above this level, further gains could be expected.
Support: The key support level is at $0.1562. A close below this level could suggest a pullback or trend reversal.
Long Trade: Enter above $0.1666, targeting $0.1700 and $0.1750.
Short Trade: Enter below $0.1562, targeting $0.1520 and $0.1480.
