📉 TRX (Tron) — Bearish Flag on 4H Timeframe
The TRX coin has formed a bearish flag on the 4-hour chart — a pattern that in classical technical analysis often indicates a continuation of decline after a phase of short-term consolidation.
🔹 Pattern Data:
Current Price: 0.3523
Local Maximum of the Flag: 0.3700
Local Minimum of the Flag: 0.3452
⚠️ As long as the price remains within the flag, the market is accumulating energy. If a downward breakout occurs, the next targets may be:
Nearest Target — 0.3400
Extended Support Zone — 0.3250 – 0.3180
Deeper Target According to the Flag — Around 0.3000
📊 If TRX consolidates above 0.3700, the pattern will be broken, and there will be a chance for growth in the range of 0.3850 – 0.3950.
