Sentiment: Bullish
TRXUSDT is showing modest strength, up 1.01% over the past 24 hours to $0.3487, slightly above its 20-day SMA of $0.34791 and the 50-day SMA of $0.34459, indicating near-term bullish momentum. The RSI at 47.17 is neutral, suggesting neither overbought nor oversold conditions, while volatility remains moderate at 2.74%. Trading volume of over $86 million is healthy, supporting price stability. Given the current setup, I recommend considering long positions on any dips toward the $0.344–0.346 support zone, with a stop-loss below $0.342. Target resistance levels at $0.352 and $0.355. Monitor broader market sentiment, as TRX often correlates with general altcoin trends.
Key Metrics
Price | 0.3487 USDT |
24h Change | 1.01% |
24h Volume | 86305855.06 |
RSI(14) | 47.17 |
SMA20 / SMA50 | 0.35 / 0.34 |
Daily Volatility | 2.74% |
TRON — 1h candles, 7D window (SMA20/SMA50, RSI).