š $TRX /USDT Price Action Update ā July 31
TRON (TRX) is currently trading at $0.3277, showing a -2.59% decline in the last 24 hours.
š Key Levels:
24h High: $0.3366
24h Low: $0.3203
Strong Resistance: $0.3510
Support Zone: $0.3180 - $0.3200
š” Analysis (1H Chart): Price has faced consistent rejection from the $0.3510 zone, forming a descending structure. The volume profile indicates heavy interest near $0.3300, acting as a key control point.
š Outlook: If TRX breaks below $0.3200 with strong volume, expect a dip toward $0.3100. On the upside, reclaiming $0.3360 could open the way to retest $0.3500.
š Watchlist:
Stay cautious, and consider both breakout and breakdown scenarios. Ideal for short-term scalping with proper risk management.
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