The price has declined by 3.299% in the past 24 hours.
Currently, $TRX is testing the lower Bollinger Band at 0.01579, suggesting potential support.
If the price holds above this level, it may indicate a bullish reversal.
Resistance lies near 0.01623; a breakout above this level could signal upward momentum.
Volatility appears to be contracting as price nears the lower band.
Consider setting a stop-loss just below 0.01579 to manage risk.
Recommended action: wait for confirmation of support or a breakout above resistance before entering a position.