Recently, the market sentiment towards TRON has been quite interesting—amidst the fluctuations of major cryptocurrencies, TRX has shown relative stability, while Zcash has faced considerable pressure. This comparison is worth noting.



From a technical perspective, TRX is currently priced at $0.279653, in a typical consolidation phase. The RSI indicator reads 47.6, indicating it is neither overbought nor oversold, which often suggests the market is accumulating directional strength.

The key support level is set at $0.268500, with resistance above at $0.290800, and most importantly, the breakout point at $0.286600. If TRX can hold steady at this level, the certainty of subsequent upward movement will significantly increase.

In practical trading terms, consider this approach: first, allocate a basic position near the current price, about 10% of total funds. Once the price breaks above $0.286600 and is confirmed effectively, gradually increase the position to 30%. For risk management, set the stop-loss at the support level of $0.268500; if it falls below, exit the position immediately.

Regarding profit targets, focus on the resistance at $0.290800. After breaking through, continue holding and observe whether it can push higher. The key to this market is patience—waiting for confirmation of the breakout without rushing.

What are your thoughts on this market?
TRX-1.41%
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Token_Sherpavip
· 6h ago
nah, $0.286600 breakout sounds clean on paper but... token velocity's still concerning me here. like, what's actually driving utility demand vs just another ponzinomics cycle? 🤔
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ProofOfNothingvip
· 6h ago
0.286 Is this point really that critical? Feels like it's always said this way. TRX is stable, but I prefer the rebound opportunities of those coins that are being suppressed. Starting with one-tenth of the position again, I'm tired of this saying. Hold steady to add more, break below to stop loss... Even Bitcoin doesn't follow such regular patterns. Why does Zcash have to be compared to others? These two are not even in the same track.
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OnChainSleuthvip
· 6h ago
TRX this wave is indeed stable, ZEC got beaten up a bit badly. Only breaking through the 0.286 level truly confirms its validity; otherwise, it will just continue to fluctuate. Cutting at 0.268 would be too亏, patience is needed. Consider adding positions after breaking through; 10% is enough for now. This market requires patience, don't rush to get on board.
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