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TRX's recent performance has indeed been eye-catching, breaking through the 100-day moving average and continuing to rise. Now it has reached a critical point—the 0.29700 level has become a strong resistance.
If it can hold steady here and break through the 0.3 integer level with increased volume, there could be a good upward trend ahead. Such a breakout often opens up more room for upward movement.
In actual trading, many traders wait for a pullback after the breakout. Once the price returns to around 0.3 to seek support, that often presents a good opportunity to go long. Many technical followers are watching whether this level can hold. Whether this momentum can be sustained depends on the performance at this key price level.