$TRX
/USDT – Range-Bound Action with Mild Upside Bias
TRX is trading at $0.2739, up +1.07% on the day. Despite a positive move from the $0.2698 low, the 15-minute chart reflects tight consolidation with multiple failed breakout attempts around $0.2755, indicating indecision in the short term.
Key Technical Levels:
Current Price: $0.2739
Resistance Zone: $0.2755 – $0.2765
Support Zone: $0.2715 – $0.2695
Although higher timeframes show solid long-term performance (1 Year: +137.84%), the current intraday structure remains choppy. A clean breakout above $0.2765 is needed to initiate a bullish continuation.
Pro Tip: Scalping opportunities exist within this tight range, but only consider larger positions if price holds above $0.2755 with volume. For now, use tight stop-losses and avoid overexposure in this sideways zone.
#IsraelIranConflict #CryptoStocks #BinanceAlphaAlert #PowellRemarks