Sentiment: Bullish
TRXUSDT is showing moderate bullish momentum with a 1.8% gain over 24 hours, trading at $0.3386. The price sits just above both the 20-day SMA ($0.3372) and 50-day SMA ($0.3351), indicating underlying support. However, the RSI reading of 69.8 is approaching overbought territory, suggesting potential for a short-term pullback before further upside. Volume is healthy at over $82 million, supporting the current move. Volatility remains moderate at 1.52%, typical for TRX. Traders should watch for a break above $0.34 for continuation toward $0.345 resistance. Consider taking partial profits near current levels given elevated RSI, with stops below the 50-day SMA. Wait for RSI to cool below 65 before adding new long positions.
Key Metrics
Price | 0.3386 USDT |
24h Change | 1.80% |
24h Volume | 82442156.09 |
RSI(14) | 69.81 |
SMA20 / SMA50 | 0.34 / 0.34 |
Daily Volatility | 1.52% |
TRON — 1h candles, 7D window (SMA20/SMA50, RSI).