$TRX has experienced a slight decline of 0.649% over the past 24 hours, currently testing the lower Bollinger Band at 0.2585, indicating potential oversold conditions. With key support at 0.2499 and resistance at 0.2661, traders should monitor these levels closely. The volatility appears to be contracting, suggesting a potential consolidation phase. As a risk management strategy, consider setting a stop-loss just below the 0.2499 support. Recommended action: wait for a clear breakout above 0.2661 or a rebound from the lower band before entering positions. Set alerts for optimal trading signals.
