On the evening of October 24, Brother Tao discusses TRX:

The focus of the evening is on the TRX trend, with the core of current market judgment still revolving around the attack and defense of key technical levels and changes in market momentum.

First, let's look at the core range of support and resistance. 0.3000 - 0.3140 is the most important support zone at the moment. This area has already been verified for its support strength during the fluctuations in October. If it can hold, the foundation for short-term stabilization will be established; if it is lost, the next strong support will need to look at the 0.2600 - 0.2800 range. The resistance side is clear; direct resistance is around 0.3287, with stronger resistance at 0.3530 and 0.3700. Only by breaking through 0.3530 can there be a chance to attack targets of 0.3700 or even 0.4000.

The market momentum indicators are releasing positive signals, with the RSI rising from a low position towards the neutral range, and the MACD line is also nearing the formation of a bullish crossover, indicating that short-term selling pressure is gradually weakening. However, it should be noted that the 20-day and 50-day moving averages are still in a downward trend, and the overall upward momentum is still relatively mild. More buying needs to enter the market to further open up space.

For operational reference, one could buy near 0.3080 - 0.3045, with the first target looking at 0.3120 and then observing the breakthrough situation at 0.3155.

The above is for reference only and is not investment advice. Be sure to combine it with your own risk tolerance, make rational decisions, and participate cautiously. #TRX✅