The chart is mixed right now, so patience is justified unless a better entry appears.
In the current Sideways Volatile regime, the best-fit approach is Wait for breakout confirmation. Price is still non-directional, but volatility is elevated, so false moves are more common and waiting for a cleaner breakout confirmation is usually the better setup.
TRAX support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.00 - $0.00007365 | |
| Resistance 1 | $0.0006284 - $0.0009053 | |
| Resistance 2 | $0.003111 - $0.003708 | |
| Resistance 3 | $0.003768 - $0.004034 | |
| Active 1 | $0.00 - $0.0006146 |
TRAX clears the resistance zone at $0.0006284 - $0.0009053 and holds above it. That would strengthen the breakout case and shift attention to $0.003111 - $0.003708.
TRAX loses the support zone at $0.00 - $0.00007365. That would weaken the setup and open the way toward $0.00 - $0.00007365.
TRAX continues trading between $0.00007365 and $0.0006284. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.00007365 | Bullish | TRAX is trading above the 50-day average. |
| SMA200 | $0.00006887 | Bullish | TRAX remains above the long-term trend line. |
| EMA50 | $0.00007344 | Bullish | TRAX is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0001284 | Bearish | TRAX is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 76.89 | Overbought | RSI (14) is elevated at 76.89, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | 0.0₈8534 | Bearish | MACD is below its signal line. |
| ATR | 0.00% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.00007365 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | -66.67 | Neutral | CCI (20) is at -66.67, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₁₉1355 | Bullish | Awesome Oscillator is above zero at $0.0₁₉1355, which supports bullish momentum. |
| Williams Percent Range (14) | 0.00 | Overbought | Williams Percent Range (14) is near the top of its recent range at 0.00. |
| Bull Bear Power (13) | $0.0₁₁7386 | Bullish | Bull Bear Power (13) is positive at $0.0₁₁7386, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 0.00 | Oversold | Ultimate Oscillator is weak at 0.00, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.00007365 | Bearish | TRAX is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.00007365 | Bullish | TRAX is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, TRAX price was most positively correlated with the price of Worldcoin (WLD), Ethena (ENA), World Liberty Financial (WLFI), Jito (JTO) and Ondo Finance (ONDO) and most negatively correlated with the price of JUST (JST), KuCoin Token (KCS), Pyth Network (PYTH), Sei (SEI) and Cardano (ADA).
| Name | Correlation |
|---|---|
| Worldcoin | 0.726 |
| Ethena | 0.639 |
| World Liberty Financial | 0.607 |
| Jito | 0.452 |
| Ondo Finance | 0.396 |
| Name | Correlation |
|---|---|
| JUST | -0.888 |
| KuCoin Token | -0.862 |
| Pyth Network | -0.848 |
| Sei | -0.848 |
| Cardano | -0.836 |
TRAX price is negatively correlated with the top 10 coins by market cap with a price of -0.703, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.512. Currencies that are positively correlated with TRAX indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with TRAX, a move in one direction for TRAX would translate into a move in the opposite direction for the negatively correlated coin.
