$$TRX 📊 TRX/USDT ANALYSIS
On the 1h chart, TRX shows a double bottom formation, indicating a possible W pattern. This movement usually signals a continuation of the upward trend, should the breakout of resistance be confirmed.
🔎 Points of Attention:
Nearby support: 0.3600
Resistance to be broken: 0.3675
RSI in neutral zone (40), indicating room for recovery.
Short-term moving averages still converging, waiting for direction definition.
📈 If the breakout of resistance is confirmed, we may see TRX gain strength to seek new levels of appreciation.
⚠️ Important: confirmation only occurs with increasing volume and closing above the resistance.
On the 1h chart, TRX shows a double bottom formation, indicating a possible W pattern. This movement usually signals a continuation of the upward trend, should the breakout of resistance be confirmed.
🔎 Points of Attention:
Nearby support: 0.3600
Resistance to be broken: 0.3675
RSI in neutral zone (40), indicating room for recovery.
Short-term moving averages still converging, waiting for direction definition.
📈 If the breakout of resistance is confirmed, we may see TRX gain strength to seek new levels of appreciation.
⚠️ Important: confirmation only occurs with increasing volume and closing above the resistance.
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TRX
0.3456
-1.22%
