๐ $TRX Slight Dip -0.61% โ Consolidation Phase in Play
๐ Snapshot:
Price: $0.3258
24h Change: โผ -0.61%
Momentum: Mild bearish pressure, mostly sideways action
Volume: Stable, low volatility environment
RSI: Neutral zone, no strong directional bias
๐ Market Insight
TRX is in a consolidation phase after recent movements. This sideways action suggests the market is gathering strength before the next significant move.
๐ ๏ธ Key Levels to Watch
Support Zone: $0.3220 โ $0.3245 (solid base to hold)
Entry Range: $0.3240 โ $0.3280 (ideal buying zone during dips)
Stop Loss: Below $0.3200 (risk management)
Resistance: $0.3350 โ $0.3400 (next targets if momentum returns)
๐ฏ Trading Plan
Consider accumulating on dips near support
Look for momentum pickup or volume increase before scaling in
Keep stops tight to manage risk
โ๏ธ Strategy Type:
Range-bound Accumulation
๐ Confidence Level: Medium โ steady conditions but watch for breakout signals.
๐ฌ Comment โTRX๐โ if youโre stacking this consolidation or โTRXโโ if youโre waiting for breakout confirmation.
