🚨 $TRX /USDT – Testing Support or Topping Out? Let’s Analyze! 🔥
$TRX just dropped over 3%, brushing against key Bollinger Band support. Will bulls defend this zone, or are we headed for a deeper correction?
📊 Market Overview
📍 Current Price: $0.2679
📈 24h High: $0.2778
❄️ 24h Low: $0.2640
📊 Bollinger Bands (20,2):
• Upper Band: $0.2790
• Middle Band: $0.2723
• Lower Band: $0.2655
📉 MACD Momentum:
• DIF: -0.0017
• DEA: -0.0009
• MACD: -0.0008 (Mild bearish crossover forming)
📈 TRX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If TRX Holds Above $0.2655):
• Entry: Above $0.2725
• Targets: $0.2790, $0.2850, $0.2900+
• Stop-Loss: $0.2640
🔹 Bearish Scenario (If TRx Breaks Below $0.2640):
• Entry: Below $0.2640
• Targets: $0.2580, $0.2500, $0.2420
• Stop-Loss: $0.2725
🔍 Hold or Dump?
❌ MACD trending down—weakening momentum
✅ Support near $0.2655 still holding, but barely
⚠️ Break below $0.2640 could trigger a sharp selloff
💡 Pro Tip:
• Watch the middle Bollinger Band at $0.2723—if TRX reclaims it, short-term recovery is likely
• Rejection = More downside. Use tight stops!
📢 What’s your move—buying the dip or sitting this one out? Share your thoughts!
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