$TRX is currently trading at $0.3540, with price action interacting around key support and resistance areas that traders are closely monitoring. Support levels act as price floors where buying interest often prevents further declines. Immediate support for TRX is around $0.35, reinforced by a stronger support level near $0.345, which has previously acted as a stabilization point for price adjustments.

On the upside, resistance levels serve as price ceilings where selling pressure can hinder upward momentum. TRX faces initial resistance around $0.36, with greater resistance near $0.365–$0.368, where previous rallies have encountered notable selling activity.

Understanding these support and resistance levels is crucial for traders and investors to manage risk, identify potential entry and exit points, and anticipate possible trend reversals. By observing these areas, individuals can make informed decisions in the often volatile cryptocurrency market.