BINANCE:TRXUSDT.P   TRON / TetherUS PERPETUAL CONTRACT
After the sharp fall of the price in this width, we have witnessed the formation of a very strong resistance in the area of 0.07. This time, the price has formed a head and shoulder pattern by rejecting from this area. Pullback broke into the trend line and continued to fall, but in case of further fall without pullback, the 0.064 area can be considered as an important support area, and if it is lost, lower prices are considered for this.

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.