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$TRX is consolidating on the lower bound of the rising 1D channel after the sharp rejection from the 0.32 zone. This is a make-or-break area for trend continuation.
Hold 0.293–0.295. Targets 0.304–0.308 then 0.312–0.320. Break 0.291. Downside opens 0.285 then 0.277.
MARKET UPDATE: $XAG ➖➖➖➖➖➖➖ Silver continues to trend aggressively higher. From six months ago, XAG is up roughly +90%, with gains of around +45% since January 1, now trading near $109.
The move is being driven by USD weakness, expectations of looser monetary conditions, and strong industrial demand. Structurally, momentum remains firmly bullish with no major signs of breakdown so far.