💡 Quick Technical Analysis:
✅ Steady Climb with a Healthy Pullback! TRX/USDT rallied from $0.2499 to a recent high of $0.2801, showing buyers still have interest. The pullback held above the key support of $0.2670, signaling market strength.
✅ Price Sitting on the Edge! The price is currently trading at $0.2717, right near the Average Line (AVL $0.2715), which could serve as a potential launchpad for the next upward move.
✅ RSI at 52.27 – Neutral and Primed! The RSI is balanced — neither overbought nor oversold — giving TRX plenty of room to move in either direction. A slight uptick could push it toward bullish territory.
✅ MACD Close to Crossover! MACD is at -0.0007, very close to the zero line, suggesting that even a minor bullish push could flip the trend green.
✅ Low Volatility, Low Volume – Coil Tightening! With volume currently muted, TRX might be winding up for a larger move. Watch for a volume breakout as a leading indicator.
🚀 Expected Scenario:
If TRX breaks above $0.2750, a retest of $0.2800–$0.2820 is likely. Failure to hold above $0.2670 could see a dip back to $0.2600–$0.2550, which may serve as a bounce zone for bulls.
🔥 Will TRX Surprise the Market Soon?
With indicators neutral and price resting near support-turned-pivot, a small spark could trigger a sharp move — especially if paired with a catalyst like market news or volume spike!
Tips for Traders:
Watch the MACD — if it crosses up, consider that a strong signal.
Keep a buy alert at $0.2750 and sell trigger at $0.2800.
Use a stop below $0.2660 to manage downside risk.
Stay updated on fundamental news (like the USDT-Tether issue) as it might affect sentiment.
What’s your take on TRX’s next move? Will it pop or drop? #TRX #Write2Earn 