On the evening of 10.22, Brother Tao talked about TRX:

Currently, the TRX price is fluctuating around 0.3180. From a technical perspective, it is currently in a balanced range of "pressure above and support below." The focus of the tug-of-war between the two sides is concentrated on several key moving averages.

In the short-term trend, the TRX price is temporarily below the 20-day and 50-day moving averages. This technical formation reflects that the recent market selling pressure has not completely dissipated, and the upward rhythm is somewhat constrained. The primary resistance above to watch is 0.3237 (Ichimoku Kijun line). If it can break through this position with volume, it means that the short-term pressure is lifted, and there is hope for further upward space.

The core defense line on the support side is at the 0.3000 level. This is not only a key position for the 200-day moving average but also an important "weather vane" for long-term trends. As long as the price can remain above 0.3000, the overall long-term trend is still in a healthy range and has not fundamentally reversed.

Trading opportunities can be sought in the range of 0.3180 - 0.3145. On the way up, the first target can be seen at 0.3215. If it can break through smoothly, then look toward 0.3245.

The above is only a technical analysis and trading idea sharing, not constituting any investment advice. #TRX✅