$TRX Public blockchain evergreen, fundamentals are stable Stable choice
I. Overall trend judgment (core)
The current price is 0.2797, which is in an extremely delicate position. This is the top of the platform before the last round of explosion, and it is also a densely tested support area (0.27 - 0.28). The MACD indicator is running below the zero axis, with weak momentum, and the market is in a 'tasteless' oscillation period.
The overall trend of TRX is still healthy (the bottom is continuously rising), but it is currently in a short-term adjustment. 0.27-0.28 is the 'Maginot Line' for bulls; if it holds here, there is still a possibility of wide oscillation upwards; if it breaks, it will retest deeper support.
II. Key points
Resistance level (selling pressure area):
Short resistance: 0.3000 - 0.3200. The central axis of the recent oscillation box. If it rebounds to this level, the trapped orders above will apply pressure.
Strong resistance: 0.3500 - 0.3700. The area of the second high point. This is the hill that the bulls must conquer to restart the upward trend.
Support level (defensive area):
Lifeline: 0.2700 The price has stopped falling multiple times here, with very strong support.
Strong support: 0.2200 - 0.2500. The low point after a super spike. If 0.27 breaks, this is an excellent left-side buying point.
III. Trading volume signals
Signal: Huge surge followed by a shrinking pullback.
That super large bullish candle was accompanied by massive volume, while the current pullback process shows a significant decrease in trading volume.
Interpretation: Chip accumulation. The main funds are still present, and the current decline is more about retail investors' turnover and the natural withdrawal of profits, without panic selling appearing.
IV. Trading strategy
Holders: Control the situation.
TRX, as a public blockchain evergreen, has stable fundamentals.
It is recommended to firmly hold 0.2700. As long as the daily line does not effectively break, continue to hold for interest or to speculate on a rebound.
Non-holders: Range operation.
Strategy: 0.2700 - 0.2800 is the low absorption range, stop loss at 0.2600.
Target: Short-term target at 0.3000, medium-term target at 0.3500.
Logic: The risk-reward ratio is appropriate, and TRX has strong anti-dip properties.
V. Summary
TRX is currently 'gaining momentum at a high position'; as long as it does not break, it is a stable choice in the oscillation market.