Key Takeaways from the Chart: 📊 📈 $TRX
🟢Support Levels (Blue Lines):
$0.2620 – Strong base of the current rally. $0.2750 – Mid-level support from recent structure.$0.2830 – Closest support, previous resistance now tested as support.
🔴 Resistance Levels (Orange Lines):
•$0.2880 – Near-term resistance (24h high).
•$0.2953 – Recent high and major breakout point.
•$0.2990 – Potential target if price breaks above $0.2953.
🟣 Current Price ($0.2870):
Price is sitting just below immediate resistance at $0.2880. It’s in a tight squeeze zone between resistance and new support at $0.2830.
📈 What Could Happen Next:
🚀 Bullish Scenario:
A strong breakout above $0.2880–$0.2953 with volume could send price toward $0.2990 or higher.
Look for bullish continuation candles on lower timeframes (1H and 15m) for confirmation.
📉 Bearish Scenario:
Rejection at $0.2880 could lead to a dip to $0.2830, then $0.2750.
Overbought Stoch RSI on the daily makes a short-term pullback likely.
