Sentiment: Bullish
TRX is showing modest bullish momentum, trading at $0.3419 with a 2.34% gain over the past 24 hours. The current price sits just above both the 20-day SMA ($0.34102) and 50-day SMA ($0.33725), indicating underlying strength in the medium-term trend. Volume remains healthy at nearly $100 million, suggesting genuine interest rather than speculative froth. The RSI reading of 60.32 sits in neutral territory, leaving room for further upside before reaching overbought conditions. Volatility remains manageable at 1.15%, providing a relatively stable trading environment. For traders, consider accumulating on dips toward the $0.337 support level with targets at $0.348-$0.352. Stop losses below $0.334 would protect against any breakdown below key moving averages. The technical setup favors cautious optimism, though broader market sentiment will likely dictate the next major move.
Key Metrics
| Price | 0.3419 USDT |
| 24h Change | 2.33% |
| 24h Volume | 99501712.57 |
| RSI(14) | 60.32 |
| SMA20 / SMA50 | 0.34 / 0.34 |
| Daily Volatility | 1.15% |
TRON — 1h candles, 7D window (SMA20/SMA50, RSI).
