Tron (TRXUSD) has been trading within a 6-month Channel Down since its August 14 2025 High and is right now already halfway through its 3rd Bearish Leg.
Having lost both its 1D MA200 (orange trend-line) and 1D MA200 (orange trend-line), which should serve as the long-term Resistance from now on, we expect it to test the 1W MA100 (red trend-line) on the long-term.
On the short-term based on the previous Bearish Legs, we expect it to complete at least a -19.37% total decline form the Lower High, targeting 0.26000.
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Having lost both its 1D MA200 (orange trend-line) and 1D MA200 (orange trend-line), which should serve as the long-term Resistance from now on, we expect it to test the 1W MA100 (red trend-line) on the long-term.
On the short-term based on the previous Bearish Legs, we expect it to complete at least a -19.37% total decline form the Lower High, targeting 0.26000.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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Trade Forex on TradingView (zero commissions)👉 go.tradenation.com/visit/?bta=37104&brand=tradenation
I trade Crypto (perps/swaps) with👉 app.defi.app/join/5b8X2l
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I trade Crypto (perps/swaps) with👉 app.defi.app/join/5b8X2l
Funded trading -10% off👉 hyrotrader.com/?coupon=tradingshot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.