$TRX At Crossroads – Is the Breakdown Over or Just a Pause?
TRX is trading at $0.3007 after recovering slightly from the $0.2995 low. The pair is hovering around a narrow range, and momentum is uncertain. A decisive breakout or breakdown is likely to shape the next move.
Key Levels to Watch
Resistance Zones:
• $0.3012 – Immediate pressure
• $0.3025 – Local breakout barrier
• $0.3040 – Trend reversal signal
Support Zones:
• $0.3000 – Critical short-term support
• $0.2990 – Breakdown threshold
• $0.2970 – Sell-off trigger
Trade Setup
Bullish Entry: Break above $0.3025 with green candle and strong volume
• Target 1: $0.3040
• Target 2: $0.3065
Bearish Entry: Close below $0.2990 on rising red volume
• Target 1: $0.2970
• Target 2: $0.2940
TRX is trading tightly and needs a volume-driven move to confirm direction. Watch for buyer strength or seller dominance around $0.3000.