$TRX #TRXUpdate

The next movement of TRX

Current Market Context

1. Price Range: TRX is trading around $0.205 after a recent consolidation. Support is seen near $0.202, while resistance lies at $0.206.

2. Momentum: Over the past month, TRX has gained over 21%, signaling strong momentum. However, a 6.9% drop over the last week suggests a cooling-off period.

Potential Next Movements

1. Bullish Scenario:

Breakout Above $0.206: A push above this level could target higher resistance at $0.215 or even $0.22, aligning with Fibonacci levels and historical highs.