🪙 $TRX /USDT – May 11, 2025 Market Update

🏷️ Category: Layer 1 / Layer

💰 Price: $0.2626 (▲ 1.19%)

📈 24H High: $0.2687 | 📉 24H Low: $0.2586

🔄 24H Volume: 646.05M TRX | 💵 USDT Volume: $170.05M

📊 TRX Price Analysis & Key Levels

🔹 Resistance: $0.2687 / $0.2750

🔹 Support: $0.2586 / $0.2520

📉 Crypto Market Insights

🔸 Fibonacci Retracement (Low $0.2586 – High $0.2687):

38.2% – $0.2649

61.8% – $0.2624

Pivot – $0.2636

🔸 ATR (14D): ±$0.0065

📉 Expected Swing Range: $0.2560 – $0.2690

🚀 Bullish Scenario

✅ Sustained move above $0.2649 can open test of $0.2750

✅ Strong volume near $0.2586 may support bullish continuation

⚠️ Bearish Scenario

❌ Rejection at $0.2687 may pull back to $0.2520

❌ Sideways momentum could cap price between $0.259 – $0.266

🎯 Trading Strategy – Mild Bullish Bias

🛍️ Spot Trading

Buy Zone: $0.2585 – $0.2620

Targets: $0.2670 / $0.2750

Stop-Loss: $0.2510

📉 Futures Trading

Long Setup:

Entry: $0.2620

Target: $0.2680 / $0.2740

Stop-Loss: $0.2555

Short Setup:

Entry: $0.2685 – $0.2700

Target: $0.2620 / $0.2570

Stop-Loss: $0.2765

🛡️ Risk Management & Alerts

Support zone around $0.2580 is critical

Avoid entries near resistance during low volume hours

💡 Unique Insight – VWAP Signal:

TRX price hovers around VWAP (~$0.2625), showing equilibrium; any volume spike could tilt momentum

📌 Summary:

TRX is consolidating just below resistance with mild upward momentum. A breakout could test $0.2750, while a pullback may retest $0.2520.

❓Closing Question:

Can TRX build enough momentum to break $0.27, or is a range-bound setup more likely this week?

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