$TRX 📉⚠️🔄
🎯 Range breakdown in play, downside toward $0.2455 likely if weakness continues.
TRX broke out of consolidation, reclaimed the 200D SMA, retraced nearly 50% of the $0.27–$0.37 move (tapping ~$0.32), then rolled over. It lost the 200D again and printed a lower low at $0.2685. Now trading near $0.28 with only a minor bounce.
Zoom out: 400+ days of wide consolidation. Last major high was Dec 2024. Structure has shifted to lower high → lower low inside the range, and this is the first decisive breakdown attempt.
Bias leans downside. If momentum expands, $0.2455 is the key level (POC + liquidity cluster).
On the right side, the BTC pair, TRX sits near relative highs. If that trendline cracks on RSI, expect acceleration in the correction on the USDT pair.