$TRX
– RANGE TIGHTENS, BREAKOUT COMING?
RECOVERED FROM $0.3214 LOW
CURRENTLY TRADING NEAR $0.3273, FACING RESISTANCE AT $0.3289
$TRX has shown a modest +1.02% bounce after dipping to its 24h low at $0.3214. The price is currently stuck in a narrow range, with multiple rejections near $0.3290. Bulls need to push through that ceiling to target $0.3340 next. On the downside, $0.3260 is the support to watch.
Trade Setup (Range-to-Breakout Strategy):
🔹 Long above $0.3290
SL: $0.3255
TP1: $0.3340
TP2: $0.3375
🔹 Short below $0.3260
SL: $0.3295
TP1: $0.3220
TP2: $0.3190
Watch volume — it’s likely to tip the breakout direction.