🔄 $TRX /USDT – Sideways Chop Near Resistance
$TRX is currently trading at $0.2727, down 1.02% in the past 24 hours. Price is hugging the upper Bollinger Band, showing signs of resistance at short-term highs.
📊 Market Overview
Current Price: $0.2727
24h High / Low: $0.2756 / $0.2640
24h Volume:
TRX: 578.99M
USDT: $155.92M
📈 Technical Indicators
Bollinger Bands (20, 2)
Upper: $0.2744
Middle: $0.2709
Lower: $0.2675
→ Price trading near upper band, facing resistance
MACD
DIF: +0.0002
DEA: -0.0001
MACD: +0.0003
→ Weak bullish momentum forming
📉 TRX Trade Setups
🔸 Bullish Breakout Setup
Entry: Above $0.2756
Targets: $0.2820, $0.2880
Stop-Loss: $0.2700
🔸 Bearish Rejection Setup
Entry: $0.2720–$0.2735 (retest + rejection zone)
Targets: $0.2675, $0.2640
Stop-Loss: $0.2760
⚙️ Market Analysis
TRX is consolidating with low volatility between $0.2640–$0.2750
Slight MACD strength indicates bullish potential, but volume is uninspiring
A clean breakout above $0.2756 is needed for upward continuation
Will TRX confirm a breakout or revert to mean?
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