$TRX /USDT

TRX/USDT Market overview

MetricValueCurrent Price$0.2729 (-2.26%)24h High / Low$0.2801 / $0.271224h Volume (TRX)671.32M24h Volume (USDT)$185.03MCategoryLayer 1TrendMild downtrend, range-bound, possible bounce near support

🔍 Price Action Zones

Price RangeRole/Signal$0.2712Key Support (24h low)$0.2745–$0.2764Immediate Resistance$0.2783–$0.2801Range Top Resistance$0.2707Breakdown Risk Level

🟢 Bullish Setup – Range Reversal Play

Entry Zone: $0.2712–$0.2730

Stop Loss: $0.2698 (below recent low)

Target 1: $0.2764

Target 2: $0.2783

Target 3: $0.2801

Rationale: Buying near a key support in a sideways market with high liquidity.

🔴 Bearish Setup – Short on Failed Bounce

Short Entry Zone: $0.2764–$0.2783

Stop Loss: $0.2805

Target 1: $0.2730

Target 2: $0.2712

Target 3: $0.2675 (if market weakens hard)

Rationale: If bounce stalls at resistance, shorting offers low-risk entry.

📊 Technical Confirmation Indicators

IndicatorBullish ClueBearish ClueRSI (1h)Holding 40–50 zone, bouncingFailing to reclaim 45MACD (1h)Bullish crossover formingBearish histogram growingVolumeUptick on green candlesSpike on red rejection candles

🧠 Risk Management

TRX is a liquid, stable coin often used by whales — expect slow trend shifts.

Avoid chasing candles; focus on tight zones and set alerts.

Scale into positions, especially near $0.2712 support or $0.2783 resistance.

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