TRXUSDT Price Update

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

TRX broke above the symmetrical triangle pattern 5 days ago and has not yet been retested. The $0.1274 level holds strong resistance for TRX.

For a successful rally toward Resistance 2 ($0.1431), TRX must break above Resistance 1. Failing to do so would likely result in a rejection down to the lower support level at $0.1148.

The range between $0.1148 and $0.1185 can be considered the best entry for TRX.

Invalidation Point: A breakdown and close below the lower supporting trendline.

DYOR. NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE