TRXUSDT Perpetual Contract
Short
Updated

Tron (TRX): Keeping an Eye on That Trend / Possible Breakdown???

176
Tron is on the upper side of the triangle formation (where the EMAs are currently).

We are looking for the price to move inside that end zone there and potentially show us a breakdown from there, which would start strong downward movement!

RSI and Bollinger Bands seem to be reaching for movement to lower zones so let's see!

Swallow Team
Note
snapshot
Tron is forming the resistance cup on the upper zones, which is the first step for bigger rejection (usually).

We are now looking for further rejection here, which would claim fully the zone of EMAs there and start the move to a supportive trend there!

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