It's been a while since I've discussed $TRX . This is just a brief analysis of mine.
Over the next week, the TRX/USDT price is expected to experience a correction or mild decline as buying momentum weakens, as evidenced by the MACD indicator, which shows a bearish signal and a negative histogram. Trading volume has also begun to decline after peaking at $0.3344, indicating a lack of fresh buying momentum. If selling pressure persists, the price could potentially fall towards the support area in the $0.3010–$0.3080 range before a possible rebound. A rebound is only possible if there is a surge in volume accompanied by a breakout above the resistance level at $0.3200.
The best time to buy TRX/USDT is when the price falls near the support area in the $0.3010–$0.3080 range, waiting for confirmation of a rebound, such as a green candlestick or reversal pattern, accompanied by increased buying volume. A stepwise buy (DCA) strategy is recommended, with a partial entry around $0.3080 and an increase in position if the price falls near $0.3010, while maintaining a stop-loss below $0.2990 to limit risk. If a rebound occurs, short-term targets are around $0.3200 to $0.3340, with potential for further upside if the uptrend strengthens again.
