$TRX is trading at $0.2519, down 0.71%, consolidating after failing to sustain above the intraday high of $0.2542. The price is slightly below the 7-period moving average at $0.2522, signaling mild short-term weakness, while support is seen around the 25-period MA at $0.2519.
Key levels to monitor:
• Resistance: $0.2529 – A breakout above this level could lead to a retest of $0.2542.
• Support: $0.2506 – A breakdown below this level may target $0.248.
Volume indicates a balanced market with mild bearish pressure. A breakout above resistance could signal bullish continuation, while a failure to hold support may trigger further downside.
