$TRX Price Analysis: Is a Breakout Brewing Above $0.25?
TRX/USDT is showing signs of quiet accumulation on the 4-hour chart, currently trading at $0.2480, up +0.85% in the past 24 hours. The price has been locked in a tight range between $0.2445 and $0.2500, forming a consolidation pattern that often precedes a breakout.
Key levels to watch:
Resistance: $0.2500 — breaking above this could target $0.2580–$0.2600.
Support: $0.2440 — if lost, price may retest $0.2380.
Volume is gradually thinning, suggesting a potential volatility spike is near. With TRX up +9.26% in the last 90 days and a stunning +101% over the past year, the long-term uptrend remains intact.
Conclusion: Keep a close eye on the $0.25 resistance. A clean breakout with volume could signal the next leg up. Traders may want to prepare for momentum plays if this level is breached.
