The recent changes in TRX trading volume are worth paying attention to. The trading volume on the 30-minute timeframe has surged by 45.4%, and such abnormal movements are often not random.
Currently, TRX is hovering around 0.29861 USDT. From a technical perspective, the support level is around 0.29622, only about 0.63% away from the current price. Looking from a broader view, the support zone extends between 0.29229 and 0.2971, which is relatively stable and robust.
What does this rapid increase in trading volume usually indicate? Generally, the involvement of large buy and sell orders will push up the trading volume, which often signals that the market may start to move. Short-term traders might consider positioning long around 0.29622, but only if they strictly control risk and set proper stop-losses.
In summary, the future trend of TRX requires close monitoring, especially whether the trading volume can continue to sustain this high level of activity. If the trading volume remains steady, the probability of a market move increases accordingly.
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The recent changes in TRX trading volume are worth paying attention to. The trading volume on the 30-minute timeframe has surged by 45.4%, and such abnormal movements are often not random.
Currently, TRX is hovering around 0.29861 USDT. From a technical perspective, the support level is around 0.29622, only about 0.63% away from the current price. Looking from a broader view, the support zone extends between 0.29229 and 0.2971, which is relatively stable and robust.
What does this rapid increase in trading volume usually indicate? Generally, the involvement of large buy and sell orders will push up the trading volume, which often signals that the market may start to move. Short-term traders might consider positioning long around 0.29622, but only if they strictly control risk and set proper stop-losses.
In summary, the future trend of TRX requires close monitoring, especially whether the trading volume can continue to sustain this high level of activity. If the trading volume remains steady, the probability of a market move increases accordingly.