$TRX

📊 TRX/USDT Technical Analysis: Eyeing a Breakout or a Pullback? 🚀

TRX/USDT is trading at $0.2617, moving within a key range as traders anticipate its next move. With momentum building, critical levels could determine the direction of the trend.

🔑 Key Levels to Watch:

Support: $0.2500 – A robust demand zone where buyers have previously shown strength.

Resistance: $0.2700 – A breakout above this level could push TEX toward $0.2850 or higher.

📊 Technical Overview:

TEX is consolidating, indicating potential accumulation before a decisive move.

Volume remains moderate, but a surge near resistance could confirm a bullish breakout.

A drop below $0.2500 may trigger further downside toward $0.2400.

🎯 Trading Strategy:

For Buyers: Look for entries above $0.2630, targeting $0.2700 and $0.2850, with a stop-loss at $0.2480.

For Sellers: Consider short positions below $0.2500, aiming for $0.2400 as the next support level.

💡 Pro Tip: Watch for volume spikes and candlestick formations near support and resistance for confirmation. TRX is consolidating, and a sharp move could be just around the corner.

What’s your plan for TRX? Let’s discuss and trade smart! 📈

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