🚨 $TRX
Update: Market Watch 🚨
$TRX is currently trading at $0.2909, up +4.12% on the day, but is facing some intraday selling pressure. Despite the pullback from the 24-hour high of $0.3047, the overall uptrend remains intact as bulls defend key support levels.
Key Observations:
Support Zone: $0.2850 - $0.2900
Resistance: $0.3000 - $0.3050
Strong buying interest emerged earlier, pushing TRX to test the $0.30 mark.
Trade Ideas:
1️⃣ If $TRX stays above $0.2900, we could see another attempt to reach $0.3000.
2️⃣ A break above $0.3050 would open the way for a rally to $0.3100.
3️⃣ Risk Management: Set a stop loss order near $0.2850 to protect against further declines.
🔍 Keep a close eye on how TRX consolidates – keep an eye on key levels for the next potential move.
