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$TRX
#TRX/USDT❤️
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Can I make $1 to $100 and if so how long will it take?
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Trading advice for the RSR/USDT
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💲$TRX #TRXUpdate 🤑 The current momentum of TRX/USDT (TRON against Tether) shows a bearish trend in the short term, based on technical indicators. Here's a summary: 1. Current Price and Range: TRX/USDT is trading around $0.1636, with a narrow 24-hour range between $0.1635 and $0.1657. This reflects a consolidation phase with no clear directional bias. 2. Technical Indicators: Moving Averages: The 5-day and 10-day moving averages are trending downward, signaling bearish momentum. MACD: The negative MACD indicates a weakening trend with bearish momentum increasing. RSI: The RSI is at 40, which leans bearish but is not yet oversold. This suggests there may be room for further downside. 3. Support and Resistance Levels: Support is near $0.1551, which could act as a critical level to watch for further drops. Resistance is at $0.1657, and breaking above this could indicate a potential bullish reversal. 4. Outlook: The short-term outlook remains bearish, with no strong signs of reversal. Traders should monitor volume trends and key levels closely to assess potential trend changes.
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