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$TRX /USDT Technical Analysis & Market Update
Current Price: $0.1432 (+5.92%)
TRX is on a strong upward trend, trading at $0.1432 with a 5.92% gain. The price is above the 7-day moving average (MA) at $0.1426, the 25-day MA at $0.1383, and the 99-day MA at $0.1347, indicating sustained bullish momentum.
Resistance: The nearest resistance level is at $0.1436. A break above this level could lead to further upside.
Support: On the downside, support is established at $0.1340. A close below this level might indicate a potential pullback.
Long Trade: Enter above $0.1436, then Targets: $0.1480, $0.1500
Short Trade: Enter below $0.1340, then Targets: $0.1300, $0.1250
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