TRX has been consolidating in a tight range between 0.24 and 0.26 for several weeks, showing signs of strength in a weak market. Price action has been orderly, with higher lows tightening into flat resistance — a textbook buildup.
This kind of compression often leads to sharp directional movement, especially when paired with low volatility and reduced attention. Volume remains muted, but any breakout with conviction above 0.26 could spark a strong trend continuation
Invalidation: Breakdown of support or rejection with high sell volume near 0.26.
Watching closely. No need to predict — just react.
#TRX #Crypto #BreakoutSetup #Altcoins #TradingViewIdeas
This kind of compression often leads to sharp directional movement, especially when paired with low volatility and reduced attention. Volume remains muted, but any breakout with conviction above 0.26 could spark a strong trend continuation
Invalidation: Breakdown of support or rejection with high sell volume near 0.26.
Watching closely. No need to predict — just react.
#TRX #Crypto #BreakoutSetup #Altcoins #TradingViewIdeas
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.