🔎 $TRX Analysis | 1D

Structure: BEARISH 🩸

Signal Strength: 85%

👀 Pattern: Descending Trendline + Consolidation near support

🧱 Key Zones:

RES: Descending Trendline | 0.290-0.296 | 50-day Moving Average

SUP: 0.270-0.275 | 0.215-0.225

📝 The Setup:

TRX on 1D chart is looking heavy. Clear downtrend with a Death Cross confirmed. Price is testing a key support zone. Need to reclaim 0.290-0.296 and break the trendline for any bullish relief. Otherwise, lower lows are likely. #TRX #Crypto

Risk: Losing 0.270-0.275 leads to lower targets.

NFA. DYOR. 🤝

#TRX #Crypto #Trading #TA