Technical analysis and outlook on currency $TRX 🔍
TRON currency ($TRX ) is one of the networks known for its stability and strong liquidity, and it is often used for transfers between platforms because it is fast and inexpensive. Recently, the movement has been quiet while remaining above important support levels, which usually indicates accumulation rather than selling.
💰 Current price: 0.28$
🎯 Important areas I am monitoring:
• Strong support: 0.266$
• Nearby resistance: 0.302$
🎯 Objectives:
• First target: 0.315$
• Second target: 0.335$
• Long-term target: 0.40$
🛑 Stop loss:
• Clear break below 0.258$ with a close.
📊 Indicator analysis:
• RSI around 53 → Calm state with no buying saturation.
• MACD close to a positive crossover, needs to break resistance to confirm.
• Trading volume is stable → No strong selling, which supports the idea of accumulation.
💡 My personal opinion:
$TRX is not one of those currencies that make sudden jumps, but it moves steadily.
A break of the 0.302$ level with a 4-hour close above opens the way clearly towards 0.315$ and then 0.335$.
As long as the price is above 0.266$, the situation is positive and there is no fear.
⚠️ Warning:
This is only a personal analysis, not financial advice.
Capital allocation is more important than any target 🎯
