$TRX ๐ฅ๐
#TRXUSDT โ Oversold Consolidation Near Key Demand (Short-Term Bounce Watch)
Market Structure
TRX remains in a short-term corrective structure after rejecting the 0.3110 swing high. Price is currently consolidating around 0.295โ0.296, forming a base after a sharp impulsive drop. This signals distribution โ compression, often a precursor to a volatility expansion.
Key Support & Resistance
Major Support: 0.2940 (local demand + recent sweep)
Secondary Support: 0.2900 (psychological & structure support)
Immediate Resistance: 0.3005โ0.3045 (breakdown zone)
Major Resistance: 0.3110 (range high / supply)
Momentum & Indicators
RSI (6): ~18 โ deeply oversold, signaling exhaustion of sellers
MACD: Bearish histogram, but downside momentum is slowing
This combination often aligns with relief bounces, not trend reversals yet.
Volume & Flow Analysis
Noticeable large outflows (~2.95M USDT) indicate recent distribution
Order book shows Ask dominance (56%), but selling pressure is weakening near support
Consolidation volume suggests absorption, not panic selling
Fundamental Context (Supportive)
TRONโs AINFT AI Service Platform launch adds long-term narrative strength
Treasury accumulation (677.9M+ TRX) reinforces institutional confidence
Record Q4 2025 network activity supports underlying demand
Bias: Cautiously Bullish (Short-Term Relief Bounce)
As long as 0.2940 holds, TRX is positioned for a technical bounce toward 0.300โ0.304. A clean reclaim above 0.305 would shift momentum back in favor of bulls. Failure below 0.290 invalidates this setup.
Traderโs Note:
This is a mean-reversion play, not a breakout trade. Patience + confirmation wins here.
