$TRX STUCK IN A RANGE – RECLAIMING CONTROL OR LOSING GRIP?
TRX/USDT is currently trading at $0.2731, attempting a rebound after falling from the daily high of $0.2782. Price is consolidating near a critical support level, and bulls are trying to reclaim lost momentum. However, volume remains stable, and a clear direction is yet to emerge.
Key Technical Zones
Immediate Resistance:
• $0.2745 – A clean breakout above this could open the door to $0.2760 and $0.2782 (24h high).
Key Support:
• $0.2720 – A breakdown here could send TRX toward $0.2685 and potentially $0.2660.
Trade Setup – Patience Before the Pop
Bullish Setup:
• Entry Zone: Above $0.2745
• TP1: $0.2760
• TP2: $0.2782
• Stop-Loss: Below $0.2715
Bearish Setup:
• Entry Zone: Below $0.2720
• TP1: $0.2685
• TP2: $0.2660
• Stop-Loss: Above $0.2745
TRX is hovering just above its local support and needs a decisive move to escape this tight range.