Tron(TRX): Will We Get Rejection? / Time To Short?

TRX is feeling pushy here after having that "fakeout" movement near the upper resistance zone.

We had rejected the higher zones here, and now the price is trading slightly below the resistance. We want to see that zone controlled by bears, which would mean we will see a potential movement to EMAs.

Swallow Team

Bình luận:

Tron is showing another attempt to breakout while pushing to secure that upper resistance zone.

We are looking at and monitoring daily candle movement and a potential weakness to kick in!

If we see a clean breakout with a clean re-test, we will be looking for a potential upward movement

Bình luận:

TRX has lost that upper resistance zone where price is pushing towards that upper Bollinger bands zone, eventually leading it to the overbought zone!

We are keeping an eye on that upper, smaller zone, which last time stopped the liquidity movement of this coin!