$TRX Market Update

Massive Short Liquidation Alert

Amount: $1,206.4K

Liquidation Price: $0.2626.

The bears faced a major setback as TRX surged beyond their stop levels, triggering a liquidation of over $1.2 million in short positions. The price breaking past the key resistance at $0.26715 signifies strong bullish momentum.

What’s Next for $TRX

Current Price Zone: $0.26 - $0.27

Key Resistance Levels:

$0.275: A break above could lead to a rally.

$0.30: Major psychological resistance.

Support Levels:

$0.25: Immediate fallback zone.

$0.24: Strong support for buyers.

Trading Insights:

🔹 If Bullish Trend Continues:

Buy Zone: $0.262 - $0.268

Target 1: $0.275

Target 2: $0.30

Stop Loss: Below $0.255

🔹 If Rejection Occurs:

Sell Zone: $0.270 - $0.275

Target 1: $0.26

Target 2: $0.24

Stop Loss: Above $0.278

Market Insight:

Liquidations of this scale often indicate volatile moves ahead. Bulls are trying to dominate, but watch out for resistance levels. Stay sharp, trade smart, and watch $TRX closely.

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