$TRX $TRX The $TRX /USDT pair is currently trading at $0.1648, up 0.24% in the last 24 hours. The overall trend appears to be bullish, with the price consolidating above the 24-hour low of $0.1642.

Support and Resistance Levels

Resistance: The immediate resistance level is at the 24-hour high of $0.1668. Breaking above this level could signal a potential bullish continuation.

Support: The immediate support level is at the 24-hour low of $0.1642. If the price breaks below this level, it could lead to a potential bearish reversal.

Entry Signal

A potential bullish entry signal could be a bullish candlestick pattern like a bullish engulfing candle or a morning star at the current support level. This could indicate a potential reversal in the trend and a short-term bullish move.

Additional Considerations

Volatility: The 24-hour trading volume is 58.73M USDT, indicating moderate volatility in the market.

Moving Averages: The 7, 25, and 99-period moving averages are all below the current price, suggesting a bullish trend.#BinanceBlockchainWeek #USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #Write2Earn!