WikiBit 2026-01-19 07:13TRX is approaching critical resistances at the $0.32 level; in uptrend structure but in overbought territory with RSI at 74. Nearby support at $0.3142
TRX is approaching critical resistances at the $0.32 level; in uptrend structure but in overbought territory with RSI at 74. Nearby support at $0.3142 provides strong hold.
Current Price Position and Critical Levels
TRX is trading at the $0.32 level as of January 18, 2026, showing a slight 0.47% increase over the last 24 hours. The price is positioned above the short-term EMA20 ($0.30), preserving the bullish structure, but the Supertrend indicator is giving a bearish signal at the $0.34 resistance. Although the overall trend is uptrend, RSI at 73.99 indicates overbought territory; this increases the risk of potential consolidation or pullback. 12 strong levels were identified across multiple timeframes (MTF): 1D with 2 supports/2 resistances, 3D with 2 supports/4 resistances, 1W with 4 supports/3 resistances. The price is near the upper band of the weekly uptrend channel; a breakout above points to $0.3575 target, below to $0.2769. Volume is stable around $150M, but an increase is expected during resistance tests.
Support Levels: Buyer ZonesPrimary Support
$0.3142 (Strength Score: 84/100) – This level stands out as TRXs most critical buyer zone. Reasons: 1) Forms a strong demand zone on the weekly (1W) timeframe; tested 4 times in the last 3 months and rejected sharply each time (with price rejection candles). 2) MTF alignment on daily (1D) and 3-day (3D) timeframes; coincides with 1D order block. 3) Volume confluence: Buyer volume increases 40% during tests, lower wicks sweep liquidity. 4) Dynamic support combination with EMA50 (around $0.312). This level is the key to the uptrend; if held, bulls continue, if broken, $0.2769 downside target activates. Historically, a 15% bounce occurred from here during the December 2025 rally.
Secondary Support and Stop Levels
$0.3189 (Strength Score: 78/100) – Secondary support acts as a buffer zone just below the current price. Aligned with the latest swing low on 1D timeframe and 3D supply-demand balance; buyer entry seen with volume spikes on 2 tests. Confluence with Fibonacci 0.618 retracement ($0.3190). Ideal invalidation for stop-loss below $0.3142; if broken here, liquidity hunt begins and $0.30 EMA20 may be tested. This area offers entry opportunities for short-term longs, but volume confirmation is essential.
Resistance Levels: Seller ZonesNear-Term Resistances
$0.3224 (Strength Score: 73/100) – Closest resistance, the first test point for price. Strong supply zone on 1D timeframe; 3 rejections in the last week (doji and shooting star patterns). Selling pressure 25% higher on volume, upper wicks pulling liquidity upward. MTF confluence with 3D resistance; volume breakout required for break. This level may weaken with RSI divergence but remains strong for now.
Main Resistance and Targets
$0.3274 (Strength Score: 72/100) – Main resistance block, aligned with Supertrend $0.34. Weekly (1W) supply block; order block remaining from November 2025 peak. 5 historical tests, each with 5-8% pullbacks. Upside target $0.3575 (R:R 1:2.5), aligned with Fibonacci extension 1.618. Breakout confirmation: Daily close above + volume increase. Invalidation below $0.3189.
Liquidity Map and Big Players
Big players (smart money) appear positioned for stop hunts below $0.3142; this is a liquidity pool. Above, sell-side liquidity between $0.3224-$0.3274 could create imbalance post-breakout. Price action: Recent candles show bullish engulfing but high fakeout risk at resistance. Order flow analysis indicates buyers waiting at $0.3189, sellers opening shorts above $0.3274. Volume-less rises signal manipulation; true breakout requires 1D/3D volume confluence. Focus downside liquidity at $0.30, upside at $0.3575.
Bitcoin Correlation
TRX has high correlation with BTC (0.85%); BTC in uptrend at $95,444 but Supertrend bearish, rising dominance pressuring altcoins. BTC supports at $94,151 / $92,277 are critical; drop here pushes TRX to $0.3142. BTC resistances at $95,618 / $97,792, if broken, TRX tests $0.3274+. If BTC drops below $88,304, TRX downside $0.2769 activates. Watch: BTC 4H rejection candles, synchronized with TRX MTF levels. BTC rally provides liquidity to TRX, but its not the first altcoin protected in a drop.
Trading Plan and Level-Based Strategy
Level-based outlook: Above $0.3224 long bias (targets $0.3274-$0.3575, stop $0.3189; R:R 1:3). $0.3142 hold is buyer signal, wait for pullback entry. Short opportunity: $0.3224 rejection (targets $0.3189-$0.3142, stop $0.3274). Risk: 1-2% capital, MTF confirmation required. For detailed spot strategy, check TRX Spot Analysis, for futures TRX Futures Analysis. This analysis is not investment advice; market is volatile.
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