$TRX PUSHING HIGHER – WILL IT BREAK OR FADE FROM HERE?
$TRX is trading at $0.2753 after a solid +3.5% move, testing the upper boundary of a short-term resistance zone. Momentum is strong, but price must clear $0.2760 to confirm further upside.
Key Levels to Watch
Resistance: $0.2760 – A clean breakout here could open the door to $0.2790 and $0.2820.
Support: $0.2740 – Losing this level may lead to a retrace toward $0.2720 and $0.2695.
Trade Setup – Eyes on the Breakout!
Bullish Entry: A confirmed move above $0.2760 could target:
• TP1: $0.2790
• TP2: $0.2820
Bearish Entry: A drop below $0.2740 could open downside toward:
• TP1: $0.2720
• TP2: $0.2695
Stop-Loss: Tight stop-loss placement is advised just beyond breakout or support levels to avoid fakeouts.