TRX analysis Archives - Coin Engineer https://coinengineer.net/blog/tag/trx-analysis/ Btc, Coins, Pre-Sale, DeFi, NFT Tue, 18 Mar 2025 13:25:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png TRX analysis Archives - Coin Engineer https://coinengineer.net/blog/tag/trx-analysis/ 32 32 TRX Breaks Key Resistance! What’s the Next Target? https://coinengineer.net/blog/trx-breaks-key-resistance-whats-the-next-target/ https://coinengineer.net/blog/trx-breaks-key-resistance-whats-the-next-target/#respond Tue, 18 Mar 2025 15:00:36 +0000 https://coinengineer.net/blog/?p=38636 In the crypto market, TRX (TRON) is demonstrating an impressive bullish move. On the 4-hour chart, TRX gained buying pressure from the order block zone and successfully broke the critical $0.216 resistance, accelerating its upward momentum. Currently, the price is consolidating around the $0.226 level, which is highly crucial for the continuation of the bullish

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]]> In the crypto market, TRX (TRON) is demonstrating an impressive bullish move. On the 4-hour chart, TRX gained buying pressure from the order block zone and successfully broke the critical $0.216 resistance, accelerating its upward momentum.

Currently, the price is consolidating around the $0.226 level, which is highly crucial for the continuation of the bullish trend. If TRX manages to close above $0.226, a move towards the $0.23 zone is highly probable in the short term. This level is significant for determining the next market direction.

Next Target After $0.23: $0.238!

If TRX successfully breaks the $0.23 resistance, the next target would be the $0.238 zone. There is a key FVG (Fair Value Gap) located in this area, and it could act as a strong resistance level.

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However, if buying pressure continues, breaking above $0.238 could lead to further bullish movements, pushing the price to even higher levels.

TRX
TRX/USDT 4-hour chart.

Pullback Scenario: Where Is the First Support?

On the flip side, if the price gets rejected from its current zone, the FVG area formed during the recent rally will act as the first line of support. If this support level is broken, TRX could experience a pullback towards the $0.218 – $0.216 range.

These levels might offer new buying opportunities for investors. However, if these supports fail, the market structure may weaken, and the downtrend could deepen.

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