Sentiment: Neutral
TRXUSDT is showing mixed signals at the current $0.3381 level. The price is trading slightly above the 20-day SMA ($0.3364) but below the 50-day SMA ($0.3382), indicating near-term consolidation. The 24-hour decline of -0.62% suggests minor selling pressure, though the substantial $106M volume confirms active participation. The RSI at 64.47 is approaching overbought territory but hasn’t crossed the critical 70 threshold yet. Volatility remains moderate at 1.4%, typical for TRX’s character. Traders should watch for a decisive break above the 50-day SMA with volume confirmation for bullish continuation. Support lies near $0.335, while resistance clusters around $0.340-0.342. Consider scaling into positions on pullbacks toward support with tight stops. The current setup favors range-bound trading until clearer directional momentum emerges.
Key Metrics
Price | 0.3381 USDT |
24h Change | -0.62% |
24h Volume | 106321833.31 |
RSI(14) | 64.47 |
SMA20 / SMA50 | 0.34 / 0.34 |
Daily Volatility | 1.40% |
TRON — 1h candles, 7D window (SMA20/SMA50, RSI).