$TRX / USDT Demand Reaction After Short-Term Correction

TRX is reacting from a well-defined demand zone after a controlled pullback. Price has shown a quick rebound, indicating buyers are actively defending the lower range on the 1H timeframe.

Market Structure

Short-term correction completed

Strong bounce from intraday lows

Range structure still intact

Key Zones

Support area 0.288 – 0.290

Resistance area 0.296 – 0.300

Trade Setup

Entry zone 0.290 – 0.292

Targets

TP1 0.296

TP2 0.300

TP3 0.305

Risk Management

Structure weakens below 0.286

Outlook

As long as TRX holds above the 0.288 support zone, price can continue a recovery move toward the upper resistance range. A breakout above 0.300 may open further upside momentum.

TRX
TRX
0.2852
-3.02%