Sentiment: Neutral
TRXUSDT is showing signs of being oversold with its RSI dipping to 29.17, well below the traditional 30 oversold threshold. The current price of $0.3345 sits just below both the 20-day SMA ($0.33742) and 50-day SMA ($0.337254), indicating near-term bearish pressure but with strong support levels nearby. The 24-hour trading volume of $87 million demonstrates healthy liquidity despite the -1.04% price decline. Volatility remains moderate at 1.4%, suggesting potential for movement without extreme risk. Traders should watch for a potential bounce from oversold conditions, with key resistance at the SMA confluence around $0.337. Consider scaling into long positions with tight stops below $0.332, targeting a retest of $0.34. Risk management is crucial given the current technical weakness.
Key Metrics
| Price | 0.3345 USDT |
| 24h Change | -1.04% |
| 24h Volume | 87165692.31 |
| RSI(14) | 29.17 |
| SMA20 / SMA50 | 0.34 / 0.34 |
| Daily Volatility | 1.40% |
TRON — 1h candles, 7D window (SMA20/SMA50, RSI).
