TRXUSDT – 4H Chart Update & Analysis
Price is compressing inside a descending broad channel with a short-term ascending triangle forming → volatility squeeze near the apex.
Price is hovering around the 50 MA
Immediate Support: 0.278 – 0.275
Major Support: 0.268 – 0.265
Resistance: 0.285 – 0.288
Breakout Zone: 0.295 – 0.305
Higher lows + flat resistance = pressure building.
A 4H close above 0.288 can trigger a sharp upside expansion (as projected).
Rejection keeps the price ranging inside the structure.
⚠️ Trade only after confirmation.
NFA | Risk management required
Price is compressing inside a descending broad channel with a short-term ascending triangle forming → volatility squeeze near the apex.
Price is hovering around the 50 MA
Immediate Support: 0.278 – 0.275
Major Support: 0.268 – 0.265
Resistance: 0.285 – 0.288
Breakout Zone: 0.295 – 0.305
Higher lows + flat resistance = pressure building.
A 4H close above 0.288 can trigger a sharp upside expansion (as projected).
Rejection keeps the price ranging inside the structure.
⚠️ Trade only after confirmation.
NFA | Risk management required
Trade active
The TRX/USDT pump is now on. Please turn it off slowly; don't rush.
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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.
Related publications
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.