[UPDATE TRX]
TRX is currently priced at $0.2441 (+0.91%) showing initial signals of potential reversal after correction.
Technical analysis (4 hours):
The price has managed to stay above MA-99 (0.2418), becoming a strong support.
Stochastic RSI and MASTOCHRSI above 80 → overbought, watch out for a slight correction.
MACD is starting to enter positive territory, a positive signal but not strong yet.
Conclusion:
TRX is attempting recovery. Watch out for rejection in the $0.2467–$0.2480 area. If breakout occurs, there is an opportunity to continue to $0.2540.
Best strategy:
Aggressive entry: wait for a pullback to $0.2410–$0.2420.
Confirmation entry: if breakout at $0.2480 with high volume.