$TRX RALLY STALLS AT THE TOP! PULLBACK OR RELOADING FOR MORE?
$TRX is trading at $0.2721, up +3.85%, after rallying sharply from the $0.2619 low. However, price just faced rejection near the $0.2745 high, and is now pulling back to retest local support levels. Momentum remains bullish—but bulls must defend this zone to avoid a deeper correction.
Key Technical Levels:
• Resistance Zone: $0.2740 – $0.2750
• Support Zone 1: $0.2710 – $0.2715
• Support Zone 2: $0.2695 – $0.2705
Trade Setup – Pullback Entry or Early Breakdown?
Bullish Continuation:
• Entry: Reclaim above $0.2735 with strong green candle
• TP1: $0.2755
• TP2: $0.2780
• Stop-Loss: Below $0.2700
Bearish Breakdown:
• Entry: Below $0.2700
• TP1: $0.2670
• TP2: $0.2640
• Stop-Loss: Above $0.2735
$TRX has had a solid run but is showing signs of short-term exhaustion. A healthy retest of $0.2710 could offer a re-entry for bulls. If that breaks, expect a drop toward $0.2670. Wait for volume confirmation before committing.