2026-01-08 11:27:09

Recently, TRX( has shown significant abnormal fluctuations in trading volume within the 30-minute cycle, with an increase of 8.8%. Such a sharp increase in trading volume usually indicates that the market may be brewing for a breakout.

From a technical perspective, TRX is currently trading around 0.29633 USDT. On a larger time frame, the key support level is at 0.29153, with only a 1.39% pullback from the current price. Analyzing from the short-term support zone, a relatively dense support band has formed between 0.29425 and 0.29671. Maintaining stability in this area is crucial for subsequent rebounds.

For traders, placing buy orders near 0.29153 might be worth considering, with the target pointing towards the short-term resistance level at 0.29866. The increase in volume often accompanies directional choices, and the upcoming market trend warrants close attention.

TRX-2,94%

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OnChainSleuth

· 01-11 10:38

I've seen many cases of increased trading volume, and usually it's the main players playing tricks; it doesn't necessarily mean a real breakout.

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MEVSandwichMaker

· 01-08 11:54

The increase in trading volume just wants to break through; I've heard this explanation too many times... The last time it was said the same way, and what happened? It consolidated for a week. Around 0.29153 is indeed a point, but I still think this round may not necessarily break above it.

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MetaNeighbor

· 01-08 11:45

Trading volume surges by 8.8%, something doesn't feel right about this rhythm... Is a breakout really coming?

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OnchainDetective

· 01-08 11:39

Trading volume increased by 8.8%. This move does have some substance... But honestly, how many times has it oscillated around the 0.29 level? To be honest, I'm a bit tired of it. If it were me, I would wait until it drops to 0.29153 before buying in, otherwise it's easy to chase the high and get caught.

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SchrodingerWallet