Recently, I've been watching the TRX trend and find it quite interesting.
The recent performance of this coin has been quite stable, with the bulls clearly in the lead. It's not a rapid surge, but the steady upward pace is comfortable to watch. Looking at the RSI, it's currently at 51.6, which is a neutral to slightly bullish level, indicating that market buying enthusiasm is still present.
Let's look at the key levels. The current price is at $0.284972, not far from the breakout level of $0.292100. This level is quite critical; once it is successfully broken, the resistance at $0.296400 is within reach, and there is still more room to go higher. 🚀
So my thinking is like this. These key levels should be closely monitored, especially the breakout point at $0.292100. If TRX can break through here, it shows that the bulls are strong, and the probability of pushing higher increases. But the prerequisite is not to slip up—if the price falls below the support line at $0.273600, then it's time to admit defeat and exit; no gambling.
Honestly, if you don't get in now, you'll have to chase higher later. So friends with ideas might want to pay attention to this breakout opportunity. Of course, this is just my personal technical perspective; everyone should make their own judgment.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
GateUser-a606bf0c
· 3h ago
0.292 is really a critical point; it feels like it's about to break.
View OriginalReply0
BearMarketSunriser
· 12h ago
Wait, can't break through at 0.292? It should have taken off long ago, feels like it's stuck.
View OriginalReply0
FreeRider
· 12h ago
Let's see if we can break through the 0.292 threshold; once it's broken, it'll be more exciting.
View OriginalReply0
RooftopReserver
· 12h ago
0.292 is the threshold to hold firmly; only after breaking through can we see the subsequent performance.
View OriginalReply0
LuckyBlindCat
· 12h ago
You need to secure this level at 0.292, otherwise it's just a false alarm.
View OriginalReply0
liquiditea_sipper
· 12h ago
The steady upward pace is really comfortable, just worried about a sudden plunge.
View OriginalReply0
MrDecoder
· 12h ago
Stared for so long, I feel like 0.292 is the watershed.
Recently, I've been watching the TRX trend and find it quite interesting.
The recent performance of this coin has been quite stable, with the bulls clearly in the lead. It's not a rapid surge, but the steady upward pace is comfortable to watch. Looking at the RSI, it's currently at 51.6, which is a neutral to slightly bullish level, indicating that market buying enthusiasm is still present.
Let's look at the key levels. The current price is at $0.284972, not far from the breakout level of $0.292100. This level is quite critical; once it is successfully broken, the resistance at $0.296400 is within reach, and there is still more room to go higher. 🚀
So my thinking is like this. These key levels should be closely monitored, especially the breakout point at $0.292100. If TRX can break through here, it shows that the bulls are strong, and the probability of pushing higher increases. But the prerequisite is not to slip up—if the price falls below the support line at $0.273600, then it's time to admit defeat and exit; no gambling.
Honestly, if you don't get in now, you'll have to chase higher later. So friends with ideas might want to pay attention to this breakout opportunity. Of course, this is just my personal technical perspective; everyone should make their own judgment.
Key price levels summary:
• Support: $0.273600
• Resistance: $0.296400
• Breakout point: $0.292100