$TRX recorded consecutive short liquidations around the $0.3525 region, signaling aggressive bearish pressure getting squeezed by steady buying momentum. Multiple short liquidations within a short period usually indicate that sellers underestimated bullish strength, and now the market is entering a momentum-driven phase. TRX continues showing relative stability compared to many altcoins, which is attracting traders searching for stronger trend structures during volatile sessions. Immediate support is now building around $0.348–$0.346, and maintaining that zone could keep the bullish trend intact for another upward leg. The first resistance stands near $0.356, followed by a stronger barrier around $0.362. If bulls break through those levels with volume confirmation, TRX could accelerate toward the $0.370 psychological region. Market sentiment currently favors continuation because short liquidations often create chain reactions where more sellers exit positions as price climbs higher. However, traders should remain alert because overextended momentum can also invite sudden pullbacks before continuation. If TRX fails to hold above support and slips below $0.346, bearish pressure may drag the token back toward the $0.340 area for another consolidation phase. Right now, buyers appear in control, and the structure remains technically healthier than many weaker altcoins experiencing repeated liquidation dumps. Momentum traders will likely continue targeting upside while volume remains elevated. Stoploss below $0.344 could help avoid unnecessary volatility sweeps. The next move depends on whether TRX can maintain buying pressure above resistance and continue forcing short sellers out of the market. 🎯 Targets: $0.356, $0.362, $0.370.
TRXUSDT
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0.31714
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