TRON. Watching this one or just doom-scrolling the dump? While majors are chopping after the latest central bank hints on rates, market chatter says TRON’s network activity and stablecoin flows are still holding up, which often attracts dip buyers. Price is now sitting right on a big local demand zone where buyers defended it last time.
On the 4H chart we’re in a clean downtrend, but RSI is parked in oversold and starting to flatten. Price is hugging that 0.283 area that lines up with a volume node - classic spot for a reflex bounce. I’m leaning to a short-term long scenario, targeting the first liquidity pockets around 0.289-0.292, then possibly 0.295 if momentum wakes up. I might be wrong, but this looks more like late sellers than fresh aggression.
My base plan: look for a confirmation wick or small consolidation above support, then ride a bounce into those red resistance zones ✅. If 0.283 gives way with a strong candle and volume, I step aside - that opens room toward the lower green zone near 0.276 ⚠️. For now I’m flat and waiting for price to show me who’s really in charge at this level.
On the 4H chart we’re in a clean downtrend, but RSI is parked in oversold and starting to flatten. Price is hugging that 0.283 area that lines up with a volume node - classic spot for a reflex bounce. I’m leaning to a short-term long scenario, targeting the first liquidity pockets around 0.289-0.292, then possibly 0.295 if momentum wakes up. I might be wrong, but this looks more like late sellers than fresh aggression.
My base plan: look for a confirmation wick or small consolidation above support, then ride a bounce into those red resistance zones ✅. If 0.283 gives way with a strong candle and volume, I step aside - that opens room toward the lower green zone near 0.276 ⚠️. For now I’m flat and waiting for price to show me who’s really in charge at this level.
SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
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.
SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
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.