$TRX is in a steady uptrend, currently holding support at $0.122 with resistance at $0.132. Bulls are defending higher lows, signaling accumulation before the next move.
Fibonacci Levels:
The price is consolidating near the 0.382 retracement ($0.121–$0.122), a healthy mid-level zone. The 0.5 retracement sits at $0.118, while the 0.618 level ($0.115) acts as deeper support. On the upside, breaking above $0.132 opens the door toward $0.138–$0.140.
RSI:
RSI is at 57, showing bullish momentum with balanced strength — not overbought, leaving room for an upward extension.
Entry Zones:
Safer Entry: Around $0.121–$0.122 (near Fib 0.382 support).
Aggressive Entry: On confirmed breakout above $0.132 resistance.
Take-Profit Zones:
TP1: $0.136 (short-term resistance).
TP2: $0.142 (major upside target).
Stop-Loss Ideas:
Conservative SL: Below $0.115 (beneath Fib 0.618).
Tight SL: Below $0.119, for short-term risk control.
📌 $TRX is trading with strong structural support, and a breakout above resistance could accelerate bullish momentum toward the next supply zone.