TRXUSDT (15m Chart) Analysis:

Price Action:

Current Price: 0.24183 USDT

24h High: 0.24903 USDT

24h Low: 0.23739 USDT

The price has rebounded from 0.23739, forming a minor uptrend but still under resistance.

Moving Averages:

MA(7): 0.24171 (Yellow) – Short-term trend.

MA(25): 0.24086 (Pink) – Mid-term trend.

MA(99): 0.24481 (Purple) – Long-term trend.

Price is below MA(99), indicating a bearish overall trend, but short-term moving averages are trying to support.

MACD Indicator:

DIF: -0.00027, DEA: -0.00047, MACD: 0.00020

MACD histogram shows weak bullish momentum, but still near the neutral zone.

Volume & Trend Strength:

Volume has spiked in green candles, showing buyers stepping in.

However, resistance is near 0.244, and a rejection could push price down again.

Conclusion:

Bullish Scenario: If TRXUSDT breaks 0.244, it could move towards 0.248.

Bearish Scenario: If it fails to hold 0.241, price may retest 0.239 - 0.237 support.

Trade Suggestion:

For Long: Buy above 0.242 with a target of 0.248.

For Short: Sell below 0.241 targeting 0.237.

Stop-loss and leverage should be adjusted based on risk management.