$TRX (TRX) Price Update & Short-Term Trading Strategy
TRON (TRX) is currently trading around $0.277 – $0.278, showing a slight bearish move (~-0.3% over the last 24 hours). Price action remains within a tight range, indicating short-term market indecision.
🔍 Market Structure
Resistance: $0.279 – $0.280
Current Zone: $0.277 – $0.278
Key Support: $0.275 – $0.276
The chart shows lower highs and weak recovery attempts, suggesting short-term bearish pressure. However, the $0.275 support zone is critical and could act as a base for a potential bounce.
📌 Scenarios to Watch
1️⃣ Bounce Scenario
If price holds above $0.275 – $0.276, a short-term rebound toward
→ $0.279
→ $0.281
2️⃣ Breakdown Scenario
If $0.275 breaks with strong volume, downside risk increases toward
→ $0.272 – $0.270 zone
⚠️ Risk Management Reminder
Wait for volume confirmation and monitor Bitcoin’s movement before entering trades. Market conditions are choppy, so avoid over-leveraging.
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