$TRX /USDT STRUGGLING BELOW RESISTANCE – SHORT-TERM CONSOLIDATION ONGOING
$TRX is currently trading at $0.2711 after facing rejection from the $0.2762 level. The 4H chart shows volatile swings, with bulls attempting to reclaim control after a quick dip to $0.2640. Price action is choppy, suggesting indecision in the market.
Trade Setup (Range Play):
Entry: $0.270 – $0.273
Take Profit: $0.276 / $0.280
Stop Loss: $0.266
Market Outlook:
Despite long-term strength (up 136% this year), TRX is currently in a sideways range. A clean breakout above $0.276 with strong volume is needed to resume upward momentum. Until then, it’s a range-bound play.
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