$TRX Bounces Off Support – Relief Rally or Dead Cat?
$TRX is trading at $0.2823 after finding short-term support near $0.2812. Buyers have stepped in, but the road to recovery faces layered resistance ahead.
Key Levels to Watch
Resistance: $0.2845 – A clean breakout here may push price to $0.2860 and $0.2880
Support: $0.2810 – If this level fails again, price could revisit $0.2785 and $0.2760
Trade Setup
Bullish Scenario: A move above $0.2845 may target
• Target 1: $0.2860
• Target 2: $0.2880
Bearish Scenario: A breakdown below $0.2810 could open downside toward
• Target 1: $0.2785
• Target 2: $0.2760
Price action suggests caution—wait for confirmation on either side.