$TRX Skyrocketing – Can Bulls Keep the Fire Burning?
$TRX is currently trading at $0.2511, blasting higher with strong momentum. Buyers are clearly in charge, but the rally is now approaching key resistance levels where a pause or pullback could happen.
Key Levels to Watch:
Resistance Zone:
• $0.2520 – $0.2550
A breakout above this range could open doors for an even bigger rally.
Support Zone:
• $0.2480 – $0.2460
If price pulls back, this support must hold to keep the bullish trend alive.
Trade Setup – Focus on Continuation:
Bullish Scenario:
Entry on a clean breakout above $0.2520
• TP1: $0.2550
• TP2: $0.2580
• Stop-Loss: Below $0.2480
Bearish Scenario:
Entry on breakdown below $0.2480
• TP1: $0.2460
• TP2: $0.2435
• Stop-Loss: Above $0.2520
Rallies like this can turn quickly if resistance holds. Protect profits and avoid chasing blindly.