$TRX been on a nice upward trend, but it looks like it's taking a breather right now.📊
The price is currently at $0.3253, which is a slight dip. It hit a recent high of $0.3510 before pulling back.
Key Points:
* Current Trend: The price is sitting right around the MA(7) at $0.3255. This is a critical level to watch. A bounce here would be a positive sign for the continuation of the trend.
* Support Levels: If it breaks below the MA(7), the next major support is the MA(25) at $0.3125. A drop to this level could be seen as a buying opportunity for some.
* Volume: The volume bars show a lot of activity, but the recent red candles are on significant volume, suggesting some profit-taking is happening.
Overall, the trend is still bullish, but this is a key moment. We need to see if it can hold the MA(7) as support. If it does, we could see another push higher. If not, it's likely we'll see a retest of the MA(25).
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