$TRX Stuck in Sideways Drift – Breakout Brewing Soon?
Tight Consolidation Near $0.2470 – Bulls or Bears Next?
$TRX is currently hovering at $0.2470, up slightly by +0.04%, as it remains trapped within a narrow consolidation range. Volume is steady, with 282.97M TRX traded over 24H, hinting at an upcoming directional move.
Market Snapshot:
• Current Price: $0.2470
• 24H High: $0.2499
• 24H Low: $0.2443
Key Levels:
• Support: $0.2466
• Resistance: $0.2475 – $0.2485
• Sideways Channel: Holding between $0.2460 – $0.2485
Trade Setup Options:
If Breaks Upward:
• TP1: $0.2499
• TP2: $0.2525
If Breaks Down:
• TP1: $0.2445
• TP2: $0.2410
Stop-Loss: Tight stop below $0.2460 if playing breakout
$TRX is building pressure in a narrow band. Watch closely for a breakout above $0.2475 or breakdown below $0.2460. Volume spike will confirm direction—stay reactive.
