$TRX Blasts Past Resistance – Can Bulls Take It Higher?
TRX just pulled off a clean breakout! After hovering around $0.2846, the price punched through the resistance wall at $0.2850 and is now testing the upper supply zone with decent volume behind the move.
Levels to Watch
Resistance Zone:
• $0.2855 – Key short-term barrier
• A break above this could open doors to $0.2870 and $0.2895
Support Zone:
• $0.2845 – Recent breakout zone
• If this cracks, TRX may revisit $0.2835 or even $0.2826
Trade Setup
Bullish Bias (Breakout Strategy):
• Entry: Above $0.2855
• Target 1: $0.2870
• Target 2: $0.2895
• Stop-loss: Below $0.2845
Bearish Pullback (Rejection Strategy):
• Entry: Below $0.2845
• Target 1: $0.2835
• Target 2: $0.2826
• Stop-loss: Above $0.2855
The push looks solid, but for a sustained rally, TRX must hold above $0.2845. Watch for retest confirmation or a squeeze candle to signal the next move!