🧩 TRX is trying to repair the chart after the breakdown
$TRX lost the rising wedge and dropped hard, but the reaction from the 0.31 area shows that buyers are not completely gone. Price is now trying to build a small recovery leg, and the next test sits near the broken wedge support that may turn into resistance.
For me, this is a “can buyers reclaim structure?” setup. The bounce is interesting, but TRX still needs to push back above the trendline area before the recovery looks stronger.
Recovery path:
Reaction base: 0.312 – 0.316
Short-term pivot: 0.321 – 0.324
Reclaim zone: 0.328 – 0.333
Next target: 0.334 – 0.338
Invalidation: breakdown below 0.310
If TRX holds the local base and keeps forming higher lows, the move could extend toward the trendline retest. But if buyers lose 0.310 again, the bounce may quickly turn into another weak continuation.
Is TRX building a real rebound here, or is this just a pause after the selloff?