$TRX Riding the Bullish Wave
Current Price: $0.2763
24h High: $0.2764
24h Low: $0.2710
24h Volume (TRX): 173.04M
24h Volume (USDT): $47.28M
Support Levels:
Immediate Support: $0.2759
Strong Support: $0.2740
Resistance Levels:
Immediate Resistance: $0.2765
Strong Resistance: $0.2770 (not visible in the current chart but inferred from the trend)
Bullish Scenario:
Target 1: $0.2780
Target 2: $0.2800
Stop Loss: $0.2740
Bearish Scenario:
Target 1: $0.2740
Target 2: $0.2720
Stop Loss: $0.2780
The TRX/USDT pair is currently exhibiting a bullish trend, with the price holding above the key support level of $0.2759. The recent upward movement suggests a potential continuation of the bullish momentum, with targets set at $0.2780 and $0.2800. However, a break below the support level of $0.2740 could signal a reversal, leading to a bearish trend with targets at $0.2740 and $0.2720.
Traders should monitor these key levels closely to adjust their strategies accordingly.