🚨$TRX TRX/USDT ALERT: Major Spike Followed by Correction! 🚨
TRON (TRX) showed significant action, reaching a 24-hour high of $0.4500, before retracing to its current price of $0.3321 (+2.44%). With a massive trading volume of 4.61B, TRX remains under the spotlight for traders.
---
📈 Key Levels to Watch
Resistance: $0.3560 – A recovery above this level could reignite bullish momentum toward $0.4000.
Support: $0.3219 – Holding above this level is crucial to prevent further downside.
---
💡 Market Insights
Sharp Correction: After the rapid spike, profit-taking caused the pullback, yet strong volume suggests active market participation.
Opportunities Ahead: Monitor TRX for consolidation near support before considering re-entry.
---
⚠️ Trading Strategy
Breakout Watch: Look for sustained movement above $0.3560 for potential upward targets.
Risk Management: Set tight stop-loss levels in case of continued volatility.
TRX remains a coin to watch—stay prepared for its next move!