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$TRX continues to trade in a clear downtrend on the 15m timeframe, forming steady lower highs and lower lows. After a sharp decline into the 0.2722 zone, price is now attempting a weak bounce โ but momentum remains in favor of the sellers. ๐จ
๐ Technical Analysis
Persistent downward structure with no strong reversal signs yet ๐
Weak recovery attempts show limited buying pressure
Key support sits at 0.2720 โ losing this level can trigger further downside
Immediate resistance remains around 0.2750, the key level bulls must reclaim
๐ Market Outlook
Unless
$TRX breaks above nearby resistance with volume, the chart suggests continued bearish movement in the short term.
#TRXDowntrendAlert โ ๏ธ
#CryptoChartWatch ๐
#PriceActionSignals ๐