Guy's Act Now As $TRX /USDT Testing Key Support Levels—Will It Bounce Back?
Current Price: $0.2630
I'm closely watching TRX as it retraces to $0.2628, forming a potential reversal zone. The RSI at 18 indicates oversold conditions, hinting at a possible upward movement.
Key Levels I'm Watching
Support: $0.2628 (immediate) and $0.2579 (stronger support).
Resistance: $0.2688 (short-term) and $0.2750 (major resistance).
My Trade Setup
For Bulls: Enter near $0.2628 for long positions, aiming for $0.2688 and $0.2750. Stop loss at $0.2575.
For Bears: Short positions below $0.2628, targeting $0.2579 and $0.2500. Stop loss above $0.2650.
TRX is at a critical juncture. Keep an eye on volume and RSI for signs of a reversal or further downside. Don’t miss the move!