6thTrade
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$TRX
Bullish Case
A clear breakout above $0.070–$0.072 with strong volume could signal the start of a new uptrend, targeting the $0.075–$0.080 zone.The MACD turning more decisively positive and the RSI moving above 60 would reinforce the bullish outlook.Holding above the 200 MA on the 4-hour chart could attract buyers looking for a shift in medium-term momentum.
Bearish Case
Failure to break above $0.070–$0.072 or a rejection from this resistance zone could push price back down toward $0.063–$0.065 support.A confirmed breakdown below $0.060 would likely invalidate any near-term bullish setup and resume a broader downtrend.Weak volume on attempted rallies may signal a lack of conviction from buyers, favoring continued range-bound or bearish price action.
Bullish Case
A clear breakout above $0.070–$0.072 with strong volume could signal the start of a new uptrend, targeting the $0.075–$0.080 zone.The MACD turning more decisively positive and the RSI moving above 60 would reinforce the bullish outlook.Holding above the 200 MA on the 4-hour chart could attract buyers looking for a shift in medium-term momentum.
Bearish Case
Failure to break above $0.070–$0.072 or a rejection from this resistance zone could push price back down toward $0.063–$0.065 support.A confirmed breakdown below $0.060 would likely invalidate any near-term bullish setup and resume a broader downtrend.Weak volume on attempted rallies may signal a lack of conviction from buyers, favoring continued range-bound or bearish price action.
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