$TRX /USDT – Quiet Tension Before the Move
TRX is trading at 0.2931, holding a slim +0.10% gain after a choppy session. The market stretched to a 24h high of 0.2954 but sellers stepped in fast, pushing price down to 0.2885 before buyers defended the floor.
On the 15m chart, price is hovering near the short-term balance zone.
MA(7): 0.2929 acting as immediate support
MA(25): 0.2935 hovering overhead as short-term resistance
MA(99): 0.2923 remains the deeper safety net
Momentum cooled after the rejection from the highs, forming lower candles and signaling hesitation. The recent small green recovery candle shows buyers are still alive, but conviction is weak.
Key Levels to Watch
Support: 0.2920 – 0.2916 (break here opens further downside)
Resistance: 0.2940 – 0.2955 (needs strong volume to reclaim)
Volume remains healthy, but not explosive — this is a pause, not a breakout. TRX is coiling tightly, and the next move will be decided by who wins this narrow range battle.
For now, the market breathes… but tension is building.