🚀 Analysis of TRX/USDT on the 4-hour timeframe
The price of the currency has touched an ideal level for the strong demand area at $0.2768, which represents a clear accumulation of buying liquidity.
Once the price reached this area, a clean reversal candle formed, confirming the presence of real buyers and the entry of institutional liquidity.
📌 What happened next?
The price surged strongly upwards towards the medium-term resistance area around $0.2820 – $0.2830, which is an area where momentum is likely to slow down as it represents a technical barrier that the price has respected several times before.
TRX showed an ideal respect for technical analysis, and the positive scenario remains as long as the price maintains trading above the last demand area. Continued closing above $0.2810 could open the door to target higher levels later.
🔎 Watch for the upcoming movement… the market offers clear opportunities for those who master reading price behavior.
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