$TRX /USDT 4H Chart Analysis 🚀
Price: $0.2660 (+0.83%)
TRX is showing a strong bullish trend after bouncing from $0.2400 support around May 5, climbing to a high of $0.2687. Currently consolidating near resistance at $0.2660–$0.2687.
🔑 Key Levels:
Support: $0.2400
Resistance: $0.2687 (breakout could target $0.2700+)
📈 Volume spiked during the rally, and the price is above the 21-period SMA, confirming bullish momentum. However, smaller candlesticks with longer wicks suggest indecision—watch for a breakout or pullback.
📅 Historical Gains:
7D: +7.34%
30D: +9.47%
90D: +9.87%
180D: +43.71%
1Y: +110.39%
💡 Outlook: Bullish if it breaks $0.2687; otherwise, a pullback to $0.2500–$0.2400 is possible. Keep an eye on volume and candles for the next move!
