A pullback is likely nearing completion on $TRX , and price is now approaching a strong demand zone. At these levels, opening fresh short positions is not recommended, as downside momentum is weakening and selling pressure appears to be exhausting. A bullish reversal can occur at any time from this area if buyers step in with volume.
This is a potential long opportunity, but patience is key. Wait for clear signs of strength such as a bullish candle close, higher low formation, or a volume spike before entering. Once confirmation appears, upside continuation toward previous resistance levels becomes highly probable. Stay disciplined and let the market confirm the move.
