TRON / TetherUS
롱

Lingrid | TRXUSDT Correction Rally Following Drop

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The price perfectly fulfilled my previous idea. TRXUSDT is showing early signs of reversal after rejecting the support level near 0.2770. Price action remains within a clear downward channel, but buyers have managed to defend the lower boundary, creating a possible short-term rebound setup. A sustained move above 0.2900 could open a path toward the 0.3000 resistance zone, where sellers are expected to return. This structure hints at a corrective phase before the broader bearish trend resumes.

⚠️ Risks:
  • Stronger-than-expected U.S. job data or inflation could boost the USD and pressure TRX lower.
  • Bitcoin volatility spikes may undermine altcoin recovery momentum.
  • Failure to hold the 0.2770 level could invalidate the short-term rebound setup.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

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