#TRXETF

The technical analysis of *TRX (Tron)* relies on reading the chart to determine trends and key levels, taking into account some common technical indicators. Here’s an overview of TRX analysis as of today (noting that prices are constantly changing, so it’s best to verify with up-to-date data):

1. General Trend (Trend)*:

- *Long-term trend*: TRX has been trading in a sideways channel for several months between levels of *$0.10* (strong support) and *$0.14* (major resistance).

- *Short-term trend*: There is a corrective move after testing the support area at $0.10, with a possibility of regaining the level of *$0.12* if the coin maintains positive momentum.

2. Key Levels*

- *Support*

- $0.105 (immediate support).

- $0.095 - $0.10 (historically strong support area).

- *Resistance*

- $0.12 (psychological resistance).

- $0.135 - $0.14 (major upper resistance).

3. Technical Indicators*

- *Moving Averages*

- If the price exceeds the *50-day moving average* (MA 50), which is currently around *$0.115*, it may indicate an improvement in momentum.

*RSI (Relative Strength Index)*

- RSI around *50* (neutral), indicating that there is currently no overbought or oversold condition.

Trading Volume

A decrease in volume may indicate weak short-term interest, but any sudden increase in volume could trigger a strong move.