TRX / TETHER Standard Futures
Short
Updated

Tron (TRX): Possible Rejection From Resistance!

435
Tron is back at the major resistance zone in a 4-hour timeframe, where we have been seeing some decent rejections each time we have reached this zone.

We will be waiting out a weakness point here, which would mark the start of movement to 100 EMA.

Swallow Team
Note
snapshot
Tron had made a breakout from local resistance, looking for new highs within the timeframe.

As we are seeing the price to be overbought heavily, we will be looking for a re-test of that broken resistance zone, and from there on, we will be looking for any signs of eather boune or breakdown and movement to lower zones!

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