🌩️$TRX /USDT – May 04, 2025
🔧Category: Layer 1
💰Price: $0.2477 (▼-0.12%)
📊24H High: $0.2492 | 📉24H Low: $0.2445
🔄24H Volume (TRX): 263.83M | 💵Vol (USDT): $65.16M
📈TRX Price Analysis & Key Levels
🔹Resistance: $0.2500 / $0.2565
🔹Support: $0.2445 / $0.2390
📐Crypto Market Insights
🔸Fibonacci Retracement
Swing: $0.2445–$0.2492
Key Levels: $0.2470 (38.2%) | $0.2465 (50%) | $0.2460 (61.8%)
🔸ATR Volatility Index
14-ATR: $0.0049
Projected Swing Range: $0.243–$0.252
📈Bullish Scenario:
✅Holding above $0.2470 with rising volume could push toward $0.2500+
✅Breakout above $0.2500 triggers short squeeze toward $0.2565
📉Bearish Scenario:
❌Failure to hold $0.2445 may lead to test of $0.2390
❌Losing VWAP support could intensify downside pullback
🎯Trading Strategy: Neutral to Bullish Bias
🛍️Spot Trading
Buy Zone: $0.2440–$0.2470
🎯Targets: $0.2500 / $0.2565
⛔Stop-Loss: $0.2390
⚡Futures Trading
📈Long Setup
Entry: $0.2470
🎯Targets: $0.2500 / $0.2565
⛔Stop-Loss: $0.2435
📉Short Setup
Entry: $0.2500
🎯Targets: $0.2460 / $0.2445
⛔Stop-Loss: $0.2535
🛡️Risk Management & Alerts
$0.2445 is the key intraday support—watch closely for momentum shifts.
🔎Unique Insight:
📊VWAP at $0.2462—TRX currently trading slightly above, indicating light bullish strength.
📌Summary
$TRX remains range-bound but leans slightly bullish as it hovers above key fib and VWAP zones.
❓Will TRX break past $0.2500 and reclaim its short-term bullish channel?
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