$TRX Recovery Attempt or Just a Dead Cat Bounce?
TRX is trading at $0.2429, staging a minor recovery after a sharp drop. Price is retesting previous breakdown levels, and bulls must clear resistance for further upside.
Key Levels to Watch
• Resistance: $0.2445 – A breakout above this may push price toward $0.2470 and $0.2500.
• Support: $0.2410 – If price fails here again, downside targets lie at $0.2385 and $0.2350.
Trade Setup – Quick Reversal or Fading Strength?
• Bullish Entry: Above $0.2445
• TP1: $0.2470
• TP2: $0.2500
• Bearish Entry: Below $0.2410
• TP1: $0.2385
• TP2: $0.2350
Stop-Loss: Keep tight stops near entry triggers due to the choppy price action and recent high volume spikes.
