🚨 $TRX /USDT – Weak Structure Below EMAs, Pressure Mounts 🚨

Current Price: $0.2423 (-1.02%)

24H High: $0.2475

24H Low: $0.2421

24H Volume: 348.29M TRX / $85.31M USDT

Market Insight:

TRX is currently trading below all key EMAs on the 1H chart, reflecting a bearish tone:

EMA(7): $0.2431

EMA(25): $0.2442

EMA(99): $0.2451

The price attempted a few recoveries but faced strong rejection near $0.2466. Now hovering at local support ($0.2420), further downside could unfold if this level breaks.

Outlook:

Break below $0.2420 could open doors to $0.2380–$0.2350. Recovery only if TRX reclaims $0.2450+ with volume confirmation.

Pro Tip:

Avoid longs unless price reclaims EMA cluster. Short opportunities may arise if $0.2420 is breached with momentum.

#TRXUSDT #CryptoUpdate #BearishSetup #BinanceChart #TRONAnalysis