short-term forecasts for the cryptocurrency TRX, based on available information:
Technical analysis and market sentiment:
* Current trend: TRX has shown an upward trend in recent months, with increasingly higher lows.
* Resistance: A key resistance level is mentioned around $0.33. Breaking this level could indicate further upward movement.
* Support: A support level is identified near the 50-day exponential moving average (EMA) and the $0.30 level, which could serve as a floor in case of a correction.
* Volatility: Despite profit-taking by long-term investors, the price of TRX has remained relatively stable, suggesting underlying strength. Open interest in TRX futures is also increasing, indicating that traders are holding their positions.