TRX is now sitting at a critical breakout zone after forming a clean double bottom structure on the daily timeframe. This isn’t just another setup — this is a high-pressure decision point.Price has already formed Bottom 1 and Bottom 2, and now it’s pushing toward the major resistance zone around 0.32. Right now, #TRX is slightly below this level (~0.313), showing strength but still lacking confirmation.
This is the last chance zone before expansion.
If bulls manage to break and sustain above 0.32, we could see a strong impulsive move toward 0.34 → 0.36, as there’s very little resistance in between. This would confirm the double-bottom breakout and shift structure bullish on higher timeframes.
However, if price fails again at 0.32, expect a pullback toward 0.30 → 0.28, where liquidity and support are still present.
Key levels
Breakout: 0.32
Upside targets: 0.34 → 0.36
Support zones: 0.30 → 0.28
This is not the time to hesitate — either breakout entry or rejection trade, both setups are valid. But once #Tron decides, the move will be fast and aggressive.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.