๐จโ ๏ธ $TRX SLIDES DOWNWARD โ IS THIS A BOTTOM OR JUST THE BEGINNING? โ ๏ธ๐จ
TRX/USDT is experiencing a downward trend, dipping to 0.1618 with a -1.58% change. The bears are in control, and the chart is testing critical levels. Could this be a bounce zone, or will TRX slip further?
๐ฅ Current Price: 0.1618
๐ฅ 24H High: 0.1644
๐ป 24H Low: 0.1612
๐ก KEY LEVELS IN FOCUS ๐ก
๐ง Resistance at 0.1640 โ A recovery above this level is needed to regain bullish momentum. A push through could signal a reversal and attract new buyers.
๐ Support at 0.1610 โ This support is crucial. A break below may drive TRX lower, potentially triggering a sharper decline as selling pressure intensifies.
๐ ALL OR NOTHING โ IS TRX GEARING UP FOR A REVERSAL? ๐ฎ
โ ๏ธ Downside Risk: Failure to hold 0.1610 could open doors to further losses as bearish momentum takes hold.
๐ Upside Potential: However, if TRX bounces back and breaks resistance, we might see a recovery rally, with buyers stepping in at attractive prices.
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