$TRX ### M Pattern in TRON (TRX) 📉🔍
**What is the M Pattern?**
The M pattern is a double top formation that indicates a trend reversal. It occurs when the price reaches two nearby peaks, forming an "M". 🅱️🔼
**How to Identify?**
1. **Two Peaks:** Two consecutive highs with a trough in between.
2. **Increasing Volume:** Increases during the decline after the second peak. 📊⬇️
**Break and Test:**
If TRX has already broken the support of the "M" and tested this level as resistance, it is a strong signal that selling pressure is increasing. If the price cannot overcome this resistance, continued decline is quite likely! 🚪🔙
**The Time to Sell:**
In light of this situation, now may be a good time to consider selling. The downtrend is strengthening, and holding long positions may result in losses. Think about protecting your capital and take advantage of selling opportunities! ⚠️💰
**Market Sentiment:**
A negative sentiment in the market can intensify selling and reinforce this downward trend. Stay alert to the movements! 😟💔
### Stay Alert!
Monitor TRX and use this analysis to make informed decisions about your sales! 💡📉