$TRX Price Rally Incoming? Chart Targets $0.2850
Over the past week, $TRX has gained 2.83%, currently trading around $0.2727. While recent market conditions caused fluctuations, TRX is now showing signs of strength with a steady upward movement.
On the 4-hour chart, TRX appears to be following a bullish trajectory, gradually climbing from its recent low of $0.2638. It is now approaching the upper boundary of a minor resistance zone near $0.2745. If TRX can maintain momentum and break above this level, a push toward $0.2800–$0.2850 may follow. However, failure to hold above $0.2650 could lead to a retest of the support area around $0.2550.
Key Levels:
Current Price: $0.2727
Resistance Zone: $0.2745 – $0.2800
Support Levels: $0.2650 / $0.2550
Potential Upside Target: $0.2850
Meanwhile, 24-hour trading volume remains solid with 394.86M TRX and 106.53M USDT, indicating consistent market participation.
Outlook:
The overall sentiment for TRX is cautiously bullish. If price action remains above $0.2650 and breaks the nearby resistance, the rally may continue. With buyers showing interest again, the setup is favorable for a potential breakout.
Buy and Trade Here on $TRX