$TRX / USDT – Consolidating Near Highs, Watching for Next Leg🧐

$TRX is currently trading at $0.2656, showing some consolidation after testing the recent high of $0.2682. The price is holding above potential support, suggesting a possible continuation of the upward trend.

Trade Setup (Watching for Breakout):

Potential Resistance: $0.2680 - $0.2700

Potential Support: $0.2630 - $0.2640

Bullish Scenario:

Entry (Long): Break above $0.2700 with volume confirmation

Target 1: $0.2730

Target 2: $0.2760

Stop Loss (Long): Below $0.2620

Bearish Scenario:

Entry (Short): Break below $0.2630 with volume confirmation

Target 1: $0.2600

Target 2: $0.2580

Stop Loss (Short): Above $0.2660

TRX/USDT appears to be in a consolidation phase after a recent move up. Monitoring the key resistance and support levels will be crucial. A strong break in either direction with accompanying volume will likely dictate the next move.

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