$TRX TRX Up 1.86% to $0.2451 – Breakout or Correction? 🚀

TRX price at $0.2451, 2.16% volatility in 24H! Support $0.2420, resistance $0.2500. MACD bearish short-term, RSI neutral. 💡 Tip: Scalp $0.2430–$0.2500, stop loss $0.2400. Watch EU’s MiCA regulations! What’s your strategy? 📊 #CryptoUpdate #Trading@BoldCompass

TRX at $0.2451 is showing stable performance with a 1.86% increase amidst an uncertain market. Its fundamentals remain strong, supported by its DeFi ecosystem, the USDD stablecoin, and high blockchain adoption. However, the short term risks a minor correction if it fails to break above $0.2500, especially with the market sentiment still in "fear." I’m optimistic for the long term due to TRX’s role in the blockchain ecosystem, but traders should remain cautious of volatility. The current consolidation could be a scalping opportunity with proper risk management.