$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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