TRON Consolidating Before Potential Drop Toward 0.27–0.26 Zone

25 ott

Hi guys!

TRON touched the Decision Point (DP) and has been consolidating inside a descending triangle pattern. After the triangle’s support line was tested several times, the price broke below the broken ascending trendline, confirming weakness in bullish momentum.

Currently, the market seems to be forming a short-term correction before continuing its downward movement.
If this scenario plays out, the next potential bearish targets will be around 0.2746 and 0.2623, which also align with the target zone of the triangle pattern.

As long as TRX remains below the broken structure, the overall sentiment stays bearish. A daily close above the triangle’s upper boundary would be required to invalidate this setup and shift bias back to the upside.

26 ott

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