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#TRX just rejected a key resistance at 0.280
Still holding inside the ascending channel — but this move says a lot
TRON has tapped the 0.279–0.280 resistance zone multiple times without a breakout — clear sign that sellers are defending this level.
We’re still within an ascending channel, so the broader structure remains bullish… for now.
But here's the key levels to watch out for:
Mid-range support at 0.270 will tell us what’s next.
– If price holds and consolidates above it, buyers could aim for a breakout toward 0.295
– But a clean breakdown below that level opens up downside risk toward the lower trendline near 0.260
MACD histogram is cooling off — momentum is fading, not reversing yet. That suggests we’re either entering an accumulation phase or prepping for a deeper retest.
In ranging markets, reactions at key zones matter more than direction guesses.
Don’t chase — wait for confirmation at structure.
