Sentiment: Bullish
TRX is showing modest bullish momentum, trading at $0.3012 with a solid 2% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($0.30028) and 50-day SMA ($0.29849), indicating underlying strength in the medium-term trend. With RSI at 61.33, TRX approaches but hasn’t yet entered overbought territory, leaving room for further upside. The $104 million trading volume suggests decent market participation, though the 1.87% volatility reading indicates relatively stable price action compared to more volatile altcoins. Traders should watch for a sustained break above $0.305 as confirmation of continued bullish momentum, with support likely forming around the $0.298-$0.300 zone. Consider scaling into positions on any dips toward the 50-day SMA, while maintaining tight stops given the broader market uncertainty.
Key Metrics
| Price | 0.3012 USDT |
| 24h Change | 2.00% |
| 24h Volume | 104699746.25 |
| RSI(14) | 61.33 |
| SMA20 / SMA50 | 0.30 / 0.30 |
| Daily Volatility | 1.87% |
TRON — 1h candles, 7D window (SMA20/SMA50, RSI).
