TRXUSDT is facing renewed selling pressure after a sharp reversal disrupted its previous bullish structure on the daily chart.
The recent price spike initially suggested strong buying interest, but the rally quickly collapsed as sellers took control. More importantly, price has broken below both the ascending trendline and a key support zone, signaling a significant shift in market momentum.
What stands out is the weakness of the recovery following this breakdown. Buyers have struggled to reclaim the broken support, suggesting that the former demand zone is now acting as resistance.
I expect any short-term rebound toward this area to face renewed selling pressure. As long as TRX remains below the broken structure, I favor further downside toward 0.3000.
The recent price spike initially suggested strong buying interest, but the rally quickly collapsed as sellers took control. More importantly, price has broken below both the ascending trendline and a key support zone, signaling a significant shift in market momentum.
What stands out is the weakness of the recovery following this breakdown. Buyers have struggled to reclaim the broken support, suggesting that the former demand zone is now acting as resistance.
I expect any short-term rebound toward this area to face renewed selling pressure. As long as TRX remains below the broken structure, I favor further downside toward 0.3000.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.