$TRX ON EDGE: Will Bulls Defend or Will Bears Attack?
TRX is hovering around $0.318 after a failed breakout near $0.321. The market is showing signs of hesitation, and the next few candles could set the tone—breakout or breakdown.
Current Price: $0.3181
24h High: $0.3210
24h Volume: 450M TRX
Key Levels to Watch
Resistance Zone: $0.3195 – $0.3210
• A breakout above this could re-ignite bullish momentum toward $0.3240 and $0.3280.
Support Zone: $0.3170 – $0.3178
• Losing this zone could open the path for deeper downside into $0.3145 and $0.3110.
Trade Scenarios
Bullish Setup
• Break and hold above $0.3200
Targets:
• $0.3240
• $0.3280
Bearish Setup
• Drop below $0.3170
Targets:
• $0.3145
• $0.3110
Verdict: TRX is caught in a tight range with volume thinning out. Traders should wait for confirmation before jumping in—either a clean breakout or a sharp rejection will trigger the next move.