🚨 $TRX /USDT – Silent Strength or Topping Out? Layer 1 Heating Up! 🔥
$TRX continues to grind upward, now trading at $0.2684 with +0.19% gains. Is TRX ready for a breakout or losing steam at resistance? Let’s analyze 👇
📊 Market Overview
📍 Current Price: $0.2684
📈 24h High: $0.2691
❄️ 24h Low: $0.2649
📊 Parabolic SAR: Still under price = uptrend intact
📉 MACD Momentum:
Subtle bullish divergence forming
Histogram showing gradual uptick
📈 RSI (6): 60.19 (Leaning bullish, approaching overbought zone)
📈 Moving Averages:
MA(7): $0.2680
MA(25): $0.2671
MA(99): $0.2711
📈 TRX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If TRX Holds Above $0.2670):
Entry: Above $0.2690
Targets: $0.2733, $0.2769, $0.2806
Stop-Loss: $0.2640
🔹 Bearish Scenario (If TRX Breaks Below $0.2640):
Entry: Below $0.2640
Targets: $0.2623, $0.2590, $0.2540
Stop-Loss: $0.2690
🔍 Should You Hold or Sell?
✅ RSI > 60 = bullish pressure, but cautious at resistance.
✅ Price consistently holding above all short-term MAs.
⚠️ $0.2711 (MA99) remains a stubborn barrier.
💡 Pro Tip:
🚀 A clean break above $0.2711 with strong volume could trigger a fast move to $0.2800+
⚠️ Watch for fakeouts near $0.2691 if volume doesn’t follow through.
📢 What’s your plan for $TRX—ride the trend or rotate? Comment below!
🔥 LIKE & SHARE if you want more Layer 1 coin analysis like this! 🚀
