$TRX

TRX is currently trading around the level of $0.2416 and is moving in a sideways range with slight upward tendencies.

Important support levels:

$0.2368: Medium strength support level, and if it breaks, we might see a slight downward movement.

$0.2275: Major support, and if the price drops below it, this could open the way for further correction.

Resistance levels:

$0.2431: First important resistance, and if the price closes above it, this is a positive indicator for continued upward movement.

$0.2610: Stronger resistance, and breaking through it requires high trading volume and clear buying momentum.

Technical indicators:

RSI (Relative Strength Index): Gives us signals close to the overbought area, meaning a slight correction might happen before any new rise.

Moving averages: Still support the upward trend and confirm the presence of buying strength in the short and medium term.

Overall outlook:

If TRX can break through the level of $0.2431 and hold above it, this could open the way for levels of $0.2500 then $0.2610. However, if it fails to surpass this resistance, we might see a retest of the supports at $0.2368 or even $0.2275.

Advice:

Pay close attention to these levels, especially if you are considering entering a trade, and always use a stop-loss to protect your investment, as the market always has surprises.