๐ท $TRX /USDT โ May 29, 2025
๐ท๏ธ Category: Layer 1
๐ฐ Price & Info
Current Price: $0.2765 (๐ผ +0.66%)
24H High: $0.2782
24H Low: $0.2725
Volume: 320.71M TRX | $88.28M USDT
๐ TRX Price Analysis & Key Levels
๐น Resistance: $0.2785 / $0.2830
๐น Support: $0.2725 / $0.2670
๐ Market Insights
๐ธ Fibonacci Retracement (Low $0.2725 โ High $0.2782):
โข 38.2% โ $0.2753
โข 61.8% โ $0.2759
โข Pivot โ $0.2766
๐ธ ATR (14D): ยฑ$0.006
๐ Volatility Range: $0.270 โ $0.282
๐ Bullish Scenario
โ If price breaks above $0.2785, momentum may carry it toward $0.2830
โ Holding $0.2760 zone on dips strengthens bullish confidence
โ ๏ธ Bearish Scenario
โ Drop below $0.2725 reopens $0.2670 zone
โ Consistent rejection at $0.2782 may attract short interest
๐ Trading Strategy โ Neutral/Bullish Bias
๐๏ธ Spot Trading
Buy Zone: $0.2725 โ $0.2750
Targets: $0.2785 / $0.2830
Stop-Loss: $0.2670
๐ Futures Trading
Long Setup: Entry $0.2740 โ $0.2765
Targets: $0.2785 / $0.2830
Stop-Loss: $0.2715
Short Setup: Only if rejection occurs at $0.2785
Entry: $0.2780 โ $0.2800
Targets: $0.2725 / $0.2680
Stop-Loss: $0.2835
๐ก๏ธ Risk Management & Alerts
Low volatility with steady volume flow. Watch for breakout signals near $0.2785 and sharp rejection behavior.
๐ก Unique Insight โ VWAP
VWAP: $0.2756 โ Price is slightly above VWAP, indicating modest bullish momentum buildup.
๐ Summary
TRX is moving within a tight channel with bullish bias. A decisive move above $0.2785 could open short-term upside.
โClosing Question: Can TRX break free from its tight range and reclaim $0.2830, or will it fade back toward the $0.27 zone?
#TradingTypes101 #ElonMuskDOGEDeparture #BinanceAlphaAlert #BinanceHODLerSOPH #TrumpMediaBitcoinTreasury
