TRX at a Critical Junction: Buy the Dip or Wait? 📊
TRXUSDT
Διην.
0.28464
-0.40%
$TRX is currently testing a major "make-or-break" level on the 4-hour chart. After hitting a local high of $0.2909, we are seeing a healthy cooling-off period.
TRX is sitting right on its MA(99) at $0.2845. This is the ultimate "floor" for the current trend. As long as we stay above this, the bulls are still in control.
We face immediate resistance at $0.2865. A break above this level targets the retest of $0.2910 and beyond.A daily close below $0.2824 would signal a deeper pull back.
The Volume: Selling volume has slowed down, suggesting the "dump" is losing steam. Now, we wait for the buyers to step back in.
Are you $TRX Bullish or Bearish at these levels? Let’s hear your targets in the comments! 👇
Not Financial Advice