---
title: "TRX's current price at $0.34 prompts a debate on breakout or Bull Trap in August, as technical indicators signal caution."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295696526.md"
description: "TRX has surged past $0.34, drawing interest from both retail investors and institutional investors. However, indicators such as a flat MACD histogram and a Stochastic in overbought territory suggest a potential decrease in value."
datetime: "2026-08-12T17:43:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295696526.md)
  - [en](https://longbridge.com/en/news/295696526.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295696526.md)
---

# TRX's current price at $0.34 prompts a debate on breakout or Bull Trap in August, as technical indicators signal caution.

TRX has surged past $0.34, drawing interest from both retail investors and institutional investors. However, indicators such as a flat MACD histogram and a Stochastic in overbought territory suggest a potential decrease in value.

### Related Stocks

- [TRX.US](https://longbridge.com/en/quote/TRX.US.md)

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