Sentiment: Bullish
TRXUSDT is showing strong momentum with a 2.25% gain over the past 24 hours, trading at $0.3459. The RSI reading of 83.5 indicates the asset is heavily overbought, suggesting potential for a near-term pullback. Price remains above both the 20-day SMA ($0.3421) and 50-day SMA ($0.3386), confirming the bullish trend structure. High volatility at 2.82% combined with substantial volume of $116M suggests active institutional participation. Traders should consider taking partial profits here and wait for a retracement toward the $0.340 support zone before adding long positions. Stop losses below $0.335 would be prudent given the overextended RSI conditions.
Key Metrics
Price | 0.3459 USDT |
24h Change | 2.25% |
24h Volume | 116770981.52 |
RSI(14) | 83.49 |
SMA20 / SMA50 | 0.34 / 0.34 |
Daily Volatility | 2.82% |
TRON — 1h candles, 7D window (SMA20/SMA50, RSI).