$TRX Price Breakout Ahead? Chart Signals Possible Move to $0.2800

Over the past week, $TRX has remained relatively stable, gaining 0.26% in the last 24 hours amid a calm market. For the last few days, the price has hovered within a narrow range, without any clear breakout—yet technical indicators suggest that a move could be coming.

On the 4-hour chart, TRX has been climbing steadily from its recent low of $0.2711, now trading around $0.2738. The asset is sitting just above key support levels and moving near the midpoint of a tight consolidation zone. If the price remains above the $0.2730 mark, there's a potential push toward $0.2800, which represents the upper boundary of the current range.

If buying momentum strengthens, a breakout above $0.2800 could trigger a rally toward $0.2850. On the other hand, a close below $0.2710 could invalidate the bullish outlook and drag the price down to the next major support near $0.2650.

Key Trading Metrics:

Current Price: $0.2738

24h High: $0.2752

24h Low: $0.2711

Volume (TRX): 263.33M

Volume (USDT): 71.91M

MA(5): 4.79M

MA(10): 3.58M

Market Sentiment: Neutral-to-Bullish

While short-term volume remains moderate, the overall trend shows resilience. With TRX currently trading above both short-term moving averages, traders are watching for a decisive move.

> 💡 Analyst Takeaway: If TRX holds above $0.2730 and buying volume picks up, a move toward $0.2800–$0.2850 is very possible. However, a breakdown below $0.2710 could shift the momentum in favor of the bears.

Buy and Trade Here on $TRX