šŸš€ TRX/USDT Technical Analysis | Key Price Targets šŸŽÆ | Binance

Current Price: $0.1830 (+9.98% in 24h)

Market Overview:

TRX is showing a strong bullish momentum, up by nearly 10% over the past 24 hours. As we analyze the chart, several technical indicators point to continued upside potential. Let's dive into the key levels and price targets for the upcoming sessions.

**1. Immediate Resistance: $0.1859 šŸŽÆ

The first resistance level to watch is around $0.1859. This level has historically seen selling pressure, and a break above could signal a continuation of the uptrend. If TRX reaches this point and maintains upward momentum, we may see more buying activity.

**2. Key Support Zone: $0.1781 (SAR) šŸŽÆ

The Parabolic SAR (0.02, 0.2) indicator has placed a critical support at $0.1781. This price level is crucial for the continuation of the current bullish trend. If TRX retraces, we expect this area to act as strong support. A bounce from here could provide a great buying opportunity for short-term traders.

**3. Target 1: $0.1940 (Psychological Level) šŸŽÆ

If the momentum continues to build, the next target is around $0.1940, a key psychological level. Breaking past $0.1859 and holding above this level could open the path to further gains.

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$TRX