TRX /USDT
Momentum: Bullish
$TRX has shown a strong bounce from its key support zone at $0.2596, indicating solid buying interest. The price is currently consolidating around $0.2755, which could signal a potential bullish continuation pattern.
The RSI is around 67, suggesting moderate bullish momentum. This supports the possibility of further short-term upside.
If the price breaks above the $0.2755 resistance level with conviction, the next target zone could be $0.2850 - $0.2900.
Support level:$0.2596
Immediate resistance:$0.2755
Next resistance:$0.2850
Targets:
🎯 Target 1: $0.285
🎯 Target 2: $0.295
🎯 Target 3 (Mid-Term): $0.310
Invalidation ⚠️
If a 4H candle closes below $0.2596, the bullish setup could weaken. Until then, as long as the price holds above $0.265, the bullish outlook remains valid.
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