$TRX /USDT Showing Slight Upward Momentum After Testing Lows
Hey everyone,
Let's take a look at the $TRX /USDT chart. The current price of Tron is at $0.2463, showing a small increase of +0.94% recently.
Looking at the last 24 hours, TRX ranged from a Low of $0.2429 to a High of $0.2477. The 24h Volume stands at 267.84M TRX, which is equivalent to 65.65M in USDT.
The chart shows a bounce back from the recent low. We can see a series of green candles forming, indicating some buying pressure. The price is currently trading below the 24-hour high, suggesting that it might be facing some resistance around that level.
Traders will be watching to see if TRX can break above the $0.2477 resistance. If it does, we might see further bullish movement. On the downside, the $0.2429 level remains a key support to monitor.
Key points to observe:
Resistance: The 24-hour high of $0.2477 is the immediate resistance to watch.
Support: The 24-hour low of $0.2429 is the key support level.
Momentum: The current momentum appears to be slightly bullish after the bounce from the low.
What are your thoughts on Tron's current movement? Do you anticipate it will break the recent high, or will we see some resistance and potential pullback? Share your analysis!
