$TRX

Technical Analysis Insights:

* Bullish Signals: Some technical analyses from mid-April 2025 indicated a strong bullish signal based on 3D chart patterns. There was also anticipation of a breakout above the $0.2400 resistance level.

* Resistance and Support: The $0.2400 level has been consistently tested as a resistance. Breaking above this could lead to a sustained upward movement. Support levels to watch are around $0.2435 and potentially lower at $0.2250 and $0.2205 if the resistance is not broken.

* Short-term Correction: After a recent rally, the price appears to be in a correction phase. Breaking the $0.2300 resistance could signal a bullish continuation.

* Moving Averages: The 200-day moving average has been sloping upwards since late March 2025, indicating a strong underlying trend. The price is currently above this average, which could act as support if tested again.

* Overall Sentiment: While some short-term indicators might suggest a neutral to slightly bearish outlook, longer-term analyses and recent price action point towards potential bullish continuation if key resistance levels are broken.