Simplified Technical Analysis $TRX
Current Price: ≈0.345$
RSI: Moving near the overbought area (below 35) ➝ Signal for a potential bullish rebound if momentum is regained.
MACD: Still in the negative zone ➝ Short-term selling pressure.
📊 Support: 0.34$ – 0.33$
📊 Resistance: 0.36$ – 0.37$
🔎 Conclusion:
The market shows short-term weakness, but the RSI's proximity to oversold areas may support a near-term rebound. Staying above 0.34$ is important for continuing the upward momentum.
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