$TRX /USDT Technical Overview (Binance)
Current Price: 0.2790
24h Range: 0.2783 – 0.2848
24h Volume: 125.43M TRX
Market Structure: Tight consolidation after minor pullback (-1.93%)
This pair represents traded against on .
📊 Market Structure Analysis
🔹 15m Timeframe
Price is range-bound between 0.2780 – 0.2840
Strong short-term support forming at 0.2780
Immediate resistance near 0.2835–0.2860
Momentum slightly bearish but not aggressive
🔹 1H Timeframe
Lower highs forming → short-term bearish bias
0.2775 is key level. A breakdown opens room to 0.272–0.268
Reclaiming 0.2860 flips structure bullish
🔹 4H Timeframe
Still in broader uptrend structure
Pullback looks corrective, not trend reversal
Major support: 0.270–0.272
Break above 0.2920 = continuation toward 0.305–0.315
🎯 Key Levels
TypeLevelImmediate Support0.2780Major Support0.2700Immediate Resistance0.2860Breakout Level0.2920
📈 Trading Scenarios
🟢 Bullish Setup
Entry: Above 0.2860 (volume confirmation)
Targets: 0.2920 → 0.3050
SL: Below 0.2815
🔴 Bearish Setup
Entry: Breakdown below 0.2775
Targets: 0.2720 → 0.2680
SL: Above 0.2820
🔎 What I’m Watching
Volume spike near 0.2780 (defense level)
Fake breakout above 0.2860
4H candle close relative to 0.2920
📌 Summary
TRX is consolidating after a push higher. Structure is neutral-to-slightly bearish short term but still bullish on higher timeframe unless 0.270 breaks.
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