TRX's recent trend is quite interesting. The trading volume on the 30-minute K-line suddenly surged by 48%, and such abnormal volume movements are often not without cause.
The current price is at 0.30777 USDT, less than an hour away from the key support level at 0.30602, which is a 0.2% distance from the benchmark. From a technical perspective, this position is indeed worth paying attention to. If you are considering going long, you can try placing an order around 0.30602. The resistance level above is at 0.31269, making this range a good short-term target.
The key point is the trading volume—sharp increases usually indicate that a trend may be about to start. Everyone is watching TRX's subsequent performance, so keep a close eye on the price movements in this area.
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SigmaBrain
· 8h ago
The trading volume is so strong, it doesn't look like a good signal; usually, this kind of situation is just a trap to lure more buyers.
By the way, can 0.31269 really break through? I think it's doubtful.
Why has TRX been so dull lately? Let's wait for Bitcoin to lead a rally.
Here we go again, is this really the start of a rise? I'm choosing to stay on the sidelines.
The trading volume has surged? Why do I feel so calm when looking at the candlestick chart?
Support levels are so close; it feels like a bottom might break soon.
Wait, does increasing volume actually mean more danger? What do you all think?
I already placed a sell order at 0.30602 a while ago; now I kind of regret it.
I don't care if it can't rally this time; I've already cut my losses.
As for abnormal volume movements, I only trust big funds are accumulating; I'm just here to watch the show.
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SolidityNewbie
· 23h ago
Trading volume surged by 48%. This move is not simple; it feels like big players are quietly positioning themselves.
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LiquidationWizard
· 23h ago
The explosion in trading volume is often the market maker absorbing chips...
This wave of TRX indeed has potential, it all depends on whether it can break 0.31269.
Both technical analysis and support levels are involved; frankly, it still depends on how it moves afterward.
When trading volume increases, I think back to the experience of being trapped last time...
I need to take another look at the 0.30602 level, no rush to act.
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OnchainGossiper
· 23h ago
I've seen the signal of volume explosion too many times, and 99% of the time it's just a trap to lure more buyers.
Tron, this thing has trapped too many people, so I'll just wait and see.
Support at 0.30602? I feel like this number was just made up haha.
The 48% increase in trading volume does indicate something, but who dares to take this position?
Placing orders and watching the market at the same time—this wave of行情 definitely has a pattern.
TRX's recent trend is quite interesting. The trading volume on the 30-minute K-line suddenly surged by 48%, and such abnormal volume movements are often not without cause.
The current price is at 0.30777 USDT, less than an hour away from the key support level at 0.30602, which is a 0.2% distance from the benchmark. From a technical perspective, this position is indeed worth paying attention to. If you are considering going long, you can try placing an order around 0.30602. The resistance level above is at 0.31269, making this range a good short-term target.
The key point is the trading volume—sharp increases usually indicate that a trend may be about to start. Everyone is watching TRX's subsequent performance, so keep a close eye on the price movements in this area.