💡 Quick technical analysis:
✅ Sharp rebound from the bottom of 0.2589! After the recent correction, TRX showed clear buying strength to return to 0.2738 near the previous peak at 0.2763 – indicating readiness for a new breakout.
✅ RSI at 65.41 – indicating strong positive momentum, but has not yet reached the overbought area, leaving room for further upward movement.
✅ Positive crossover on the Stochastic K and D indicators, with J reaching 93 – indicating strong upward momentum that may continue.
✅ Convergence of MACD lines with stability above zero enhances the likelihood of an imminent rise!
📊 Trading volume is good and stable, and with continued positive pressure, any strong green candle could push the price to easily break the resistance level of 0.2763.
---
🚀 Expected scenario:
In the case of a clear breakout at 0.2763, TRX could surge towards the following targets:
🎯 0.2820
🎯 0.2895
🎯 And perhaps towards 0.30 in the medium term!
If the breakout fails, the nearest support is at 0.2695, followed by strong support at 0.2657 – these are good areas to monitor.
---
🔥 Is TRX ready for a price explosion?!
Technical indicators reflect increasing buying pressure, and the price is approaching a critical resistance. Any strong entry from institutions or positive news could ignite a very strong bullish candle! 🚀
📢 Do you expect TRX to break the 0.28 barrier this week? Share your opinion 👇
---
📌 Important tips:
🔹 Watch for a breakout at 0.2763 – it is the key to the price explosion.
🔹 The RSI indicator is approaching the overbought area, so risk management is essential when buying.
🔹 Identify smart entry points and take advantage of fluctuations to achieve short and medium-term profits.