📈 $TRX /USDT – Are we facing a breakout towards $0.4200?
📊 $TRX has been trading within an ascending channel since February 3rd
📍 The last higher low was on the 1D MA100 (the green line) on September 6th
🔼 Now attempting to break the trend line towards the previous lower highs to confirm the next bullish phase
🧠 The current pattern resembles the March-April fractal:
✅ Breakout Fibonacci extension 1.618
📈 RSI exceeded 80 → Entering the overbought zone
📉 Then started to decline after reaching the target
🎯 The current scenario:
If the last peak is broken, this is a clear buy signal
📌 Technical target: $0.4200 (Fibonacci extension 1.618)
📌 Indicators support the momentum:
▪️ Continuous ascending channel
▪️ Dynamic support at MA100
▪️ Accurately repeating fractal pattern
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