$TRX at a Critical Juncture – Breakout or Breakdown Ahead?
$TRX is trading at $0.3435, consolidating after a recent pullback. Price is hovering at an inflection zone, where market structure could either reclaim bullish momentum or extend further downside.
🔑 Key Levels to Watch
Resistance: $0.350 – A breakout above this level could pave the way toward $0.357 and $0.365, confirming bullish continuation.
Support: $0.338 – A breakdown below this level may drag price toward $0.332 and $0.325, reinforcing bearish sentiment.
📈 Trade Setup – Technical Outlook
Bullish Scenario:
Entry: Above $0.350 with strong volume confirmation
Targets:
TP1: $0.357 (local resistance retest)
TP2: $0.365 (swing high target)
Bearish Scenario:
Entry: Below $0.338 with momentum confirmation
Targets:
TP1: $0.332 (previous support test)
TP2: $0.325 (structural demand zone)
⚠️ Final Note
TRX is compressing within a narrow range, signaling that volatility expansion is on the horizon. Traders should watch volume and candlestick confirmation closely, as the next move will define short-term market bias.
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