The TRX/USDT pair is trading at $0.2506, stable after a period of strong market activity. Here’s what the charts say:
💡 Main monitoring levels:$TRX
Support: Immediate support is located at $0.2450, where buyers are constantly stepping in to stabilize the price.
Resistance: The main resistance level is at $0.2550, a range that has been constraining the recent upward movement.
📈 Trading Strategy:
Bullish Setup: If TRX breaks above $0.2550, expect a rally towards $0.2600 or even $0.2650. Look for high volume to confirm the breakout, place a stop loss order below $0.2520.
Bearish setup: A break below $0.2450 could open the door for a decline towards $0.2400. Short positions should have a stop loss order near $0.2470 to minimize risk.
⚡ With TRX showing resilience at current levels, a breakout or breakdown could happen soon. Follow market sentiment and volume for clues on the next move!
Are you bullish or bearish on TRX? Leave your predictions below! 📊
#BinanceLaunchpoolBIO #BinanceAlphaAlert #BinanceLabsBacksUsual #MicroStrategyInNasdaq100 # #RideTheKaiaWave
