📊 TRX rebounds without an increase in open interest; expect range-bound trading over the next 24 hours
Public snapshot from the early hours of November 8: TRXUSDT at approximately 0.3199, up 0.49% in 24 hours, with futures trading volume of 24.76 million USDT; OI at approximately $63.47 million, down 3.53%, and funding rate at +0.0005%, indicating the rise lacks confirmation from increased open interest. Data (https://fibonomy.com/en/futures/binance/trxusdt)
Spot active buying accounted for 54.8% over 24 hours, giving buyers a slight edge; the 4-hour RSI was 52.1 and the MACD histogram was positive, but volume was only 0.58 times the average. I judge the rebound to be a range-bound recovery for now. Indicators (https://finviro.com/en/crypto/trx)
Over the next 4–24 hours, TRX is likely to trade in a range of 0.3190–0.3206. A break below the 0.3190 support points to 0.3174; a high-volume hold above the 0.3206 resistance would invalidate the range-bound outlook, with 0.3221 as the next upside target.
#TRX #TRXUSDT #波场 #MarketAnalysis
Public snapshot from the early hours of November 8: TRXUSDT at approximately 0.3199, up 0.49% in 24 hours, with futures trading volume of 24.76 million USDT; OI at approximately $63.47 million, down 3.53%, and funding rate at +0.0005%, indicating the rise lacks confirmation from increased open interest. Data (https://fibonomy.com/en/futures/binance/trxusdt)
Spot active buying accounted for 54.8% over 24 hours, giving buyers a slight edge; the 4-hour RSI was 52.1 and the MACD histogram was positive, but volume was only 0.58 times the average. I judge the rebound to be a range-bound recovery for now. Indicators (https://finviro.com/en/crypto/trx)
Over the next 4–24 hours, TRX is likely to trade in a range of 0.3190–0.3206. A break below the 0.3190 support points to 0.3174; a high-volume hold above the 0.3206 resistance would invalidate the range-bound outlook, with 0.3221 as the next upside target.
#TRX #TRXUSDT #波场 #MarketAnalysis