TRX has recently shown some unusual movements. The trading volume on the 30-minute candlestick chart has surged by 52.5%, which generally indicates that a significant market move is imminent.
The current price is stuck at 0.29978 USDT, with a key support level at 0.29622. It is only about 1.08% away from the current price, and the support zone ranges from 0.29229 to 0.29725. From a technical perspective, it is approaching the support area.
Such a level of volume amplification is not to be taken lightly. We can watch for long opportunities around 0.29622. But as always—an explosive increase in volume often signals the start of a trend; the actual movement will depend on how the market develops afterward. The next move of TRX is worth close attention.
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ProofOfNothing
· 01-10 19:54
TRX's trading volume has increased so much this time, it feels like it's about to break through.
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NeonCollector
· 01-10 19:47
A sudden surge in trading volume usually doesn't bode well—it could mean a dump or a rally, but something's definitely going on.
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rekt_but_not_broke
· 01-10 19:44
With such a strong trading volume, it feels like someone is making a move.
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NeverVoteOnDAO
· 01-10 19:25
52.5% volume increase, what are these bulls brewing?
Wait, the support is so close, feels like it's about to break.
TRX is really about to move this time, keep an eye on 0.29622 and don't miss it.
To put it simply, it all depends on whether it can hold above the 0.29229 line.
With such fierce trading volume, not going long would be a disservice to this signal.
TRX has recently shown some unusual movements. The trading volume on the 30-minute candlestick chart has surged by 52.5%, which generally indicates that a significant market move is imminent.
The current price is stuck at 0.29978 USDT, with a key support level at 0.29622. It is only about 1.08% away from the current price, and the support zone ranges from 0.29229 to 0.29725. From a technical perspective, it is approaching the support area.
Such a level of volume amplification is not to be taken lightly. We can watch for long opportunities around 0.29622. But as always—an explosive increase in volume often signals the start of a trend; the actual movement will depend on how the market develops afterward. The next move of TRX is worth close attention.