$TRX /USDT Market Update: Currently trading at $0.2942, TRX is stabilizing on the 15-minute chart following a healthy pullback from its recent high of $0.3047. Support remains firm near $0.2882, with the RSI at 47.83, indicating neutral momentum and potential for a short-term rebound.
Trading Strategy:
Upside Targets: If TRX holds above its current level, the next targets are $0.2965 and $0.2990, with a further push potentially testing $0.3010 to confirm renewed bullish momentum.
Stop-Loss: Place a tight stop-loss at $0.2910 to protect against possible reversals and manage risk effectively.
TRX appears to be gathering strength, offering a low-risk, high-potential setup for short-term trades. Keep a close watch on support and resistance levels as momentum builds for a possible recovery.