📊$TRX /USDT 1H Market Insight – June 5, 2025
$TRX is currently consolidating in a narrow range between $0.268 – $0.275, forming a potential setup for a breakout.
🔹 Current Price: ~$0.272
🔹 1H RSI: 58.3 – Neutral
🔹 10-SMA: Slightly above price, hinting short-term indecision
🔸 Key Levels to Watch:
🔺 Resistance: $0.275 → Break above could target $0.278 / $0.282
🔻 Support: $0.268 → Breakdown may test $0.263
💡 Trade Idea:
Wait for a clear breakout or breakdown.
📈 Long above $0.275 with SL at $0.268
📉 Short below $0.268 with SL at $0.275
🛡️ Risk management is key – never chase a trade without a plan.
#TRX #Binance #CryptoTrading. #technicalanalyst #BinanceSquare