$TRX STUCK AT A MAKE-OR-BREAK ZONE!
TRX is currently trading at $0.2601, attempting to rebound after a heavy drop. Price is facing immediate resistance, and the order book shows nearly equal tug-of-war between buyers and sellers. A breakout or rejection here could set the tone for the next move.
Key Levels to Watch:
• Resistance: $0.2620 – Bulls must reclaim this to trigger upside momentum.
• Support: $0.2580 – A breakdown below here could invite renewed selling pressure.
Trade Setup – Tight Range, Big Implications!
Bullish Scenario:
• Entry Trigger: Break and close above $0.2620
• Target 1 (TP1): $0.2660
• Target 2 (TP2): $0.2700
Bearish Scenario:
• Entry Trigger: Drop below $0.2580
• Target 1 (TP1): $0.2545
• Target 2 (TP2): $0.2500
Stop-Loss (Risk Protection):
• Longs: Below $0.2580
• Shorts: Above $0.2620
Volume Check:
3.45M – Holding steady; watch for spikes on breakout attempts.