$TRX REBOUNDS AFTER DIP – IS MOMENTUM RETURNING?
TRX/USDT is trading at $0.2784, recovering after a sharp pullback from $0.2821. Despite the brief drop to $0.2757, buyers quickly stepped in with strong volume at 16.06M, hinting at a potential continuation if resistance clears.
Key Levels to Watch
• Resistance: $0.2821 – A breakout above this could send price toward $0.2865 and $0.2910.
• Support: $0.2758 – Losing this level may trigger a move down to $0.2720 and $0.2685.
Trade Setup – Bullish Bias with Tight Risk
Bullish Entry: A 15-min candle close above $0.2821 may target:
• TP1: $0.2865
• TP2: $0.2910
Bearish Entry: A confirmed break below $0.2758 could trigger:
• TP1: $0.2720
• TP2: $0.2685
Stop-Loss:
• Longs: Below $0.2755
• Shorts: Above $0.2825