$TRX
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$TRX is trading around the 0.3291 area, continuing to ride one of the cleanest ascending trendlines in the market right now, intact since mid March without a single meaningful violation. After pushing to fresh highs near 0.3380, price has pulled back mildly and is now sitting right on the trendline once again, which has consistently acted as the launchpad for every recovery throughout this structure.
As long as TRX holds above the trendline and the 0.3280 area, the bias remains firmly bullish and the path of least resistance stays to the upside with the 0.3380 highs back in focus on any recovery. Only a decisive trendline loss on a closing basis would shift the picture and begin to put the months long bullish structure in question.
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