$TRX /USDT – Calm After the Storm: Is a Bounce Brewing?
#TRX has been moving with measured volatility, and at $0.2484, it's showing signs of resilience after a short-term dip. The 1-hour chart reveals a classic intraday V-shape recovery. After facing selling pressure that pulled it down to the $0.2445 range, buyers stepped in, forming a series of higher lows and reclaiming nearly all lost ground.
What stands out here is the strong recovery wick near the low, suggesting that demand is present at these lower levels. TRX briefly touched the 24h high of $0.2492, and while it didn’t sustain that peak, the current structure is showing consolidation just beneath it — a healthy sign of stabilization.
This kind of recovery pattern, especially on the hourly timeframe, often leads to a continuation attempt toward resistance. If TRX can reclaim and close above $0.2495, it may retest the psychological level of $0.25 and beyond. But keep in mind, the bulls need volume confirmation to avoid getting trapped in another short-term reversal.
Right now, TRX appears to be in a neutral-to-slightly-bullish microtrend, forming a staircase pattern upward. Momentum is quietly building, and the asset is showing it still has the energy to push forward — but traders should watch for any rejection around $0.2492–$0.25, which could spark a short-term pullback if sellers remain active.
In simple terms: TRX is waking back up after a nap. The energy is coming back, but whether it runs or just stretches depends on what the next few candles bring.
