*"TRX Holds Steady: Is it on the Brink of a New Bullish Surge?"*
Brief Technical Analysis:
TRX currency shows signs of relative stability after a recent correction wave. The price is currently holding above support levels around $0.11, supported by steady trading volume and noticeable buying activity on dips. Technical indicators such as moving averages MA(7) and MA(25) indicate a bearish crossover in the short term, but momentum remains positive if the price maintains the current support.
The next strong resistance level is at $0.1175, and if it is firmly broken, we may see a retest of the $0.12 level. However, if the support is broken, the decline could reach $0.105.
The Considered Plan:
Entry: Near $0.1100.
Stop: $0.1050.
First Target: $0.1175.
Second Target: $0.1220.
Monitor technical indicators and volume levels to confirm the trend.
