$TRX rebounded after testing the $0.277 Fibonacci support (
Cryptobutcher
Updated at: 2 hours ago
{"content":"$TRX rebounded after testing the $0.277 Fibonacci support (78.6% retracement from its 2025 high).
👉The RSI (32.09) exited oversold territory, while the MACD histogram showed slowing bearish momentum.
👉Short-term traders likely bought the dip, but TRX remains below key resistance at $0.292 (30-day SMA).
👉Weakness in Bitcoin ($101K, –5.47% 24h) could cap gains.
🚨 A close above $0.292 to confirm bullish reversal potential
#TRX #MarketPullback ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/05/2630fc648a59aa6ba0edb9844783c3e0.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}