$TRX Technical Analysis: Is the Bounce Coming? 📈
TRX
0.2250
+2.88%
🔹 Current Price: $0.2250 (+2.88%)
🔹 24h High: $0.2288
🔹 24h Low: $0.2179
🔹 Volume: 1.15B (TRX), 256.62M (USDT)
Key Support and Resistance Levels:
Support: $0.2175
Resistance: $0.2290
Trade Signal: What’s Next for TRX?
🔹 Short-Term Trend: Bearish
🔹 Action: Watch for a potential bounce around $0.2189.
🔹 Entry Point: Buy at $0.2189 - $0.2200 for a long position.
🔹 Stop Loss: Set at $0.2150 for safety.
🔹 Take Profit:
Target 1: $0.2290
Target 2: $0.2330
Target 3: $0.2370
Momentum Check:
The market shows a bearish momentum, but a bounce from the support could trigger an upward move. Keep an eye on volume for confirmation!
Will TRX break through the support, or is a reversal on the cards? Stay tuned and make your move!
