Sentiment: Neutral
TRXUSDT is currently trading at $0.346, showing a slight decline of -0.40% over the past 24 hours. The RSI reading of 30 indicates oversold conditions, which often precedes a potential reversal or bounce. Volume remains robust at over $62.9 million, suggesting continued market interest. Price is trading just below the 20-day SMA ($0.3467) but above the 50-day SMA ($0.3462), indicating mixed short-term signals with neutral momentum. The volatility reading of 1.15 suggests moderate price swings. Given the oversold RSI and proximity to key moving averages, I’d recommend watching for a potential bounce toward $0.35 resistance. Consider scaling into long positions with tight stops below $0.342, targeting $0.352-0.355. Risk management is crucial given current market conditions.
Key Metrics
| Price | 0.3460 USDT |
| 24h Change | -0.40% |
| 24h Volume | 62919459.20 |
| RSI(14) | 30.00 |
| SMA20 / SMA50 | 0.35 / 0.35 |
| Daily Volatility | 1.15% |
TRON — 1h candles, 7D window (SMA20/SMA50, RSI).
