$TRX
Pre-US/Europe session layout:
TRX is now at 0.3384, exactly stuck just below the resistance at 0.3385—this is tonight’s key point separating bulls and bears. With just one more 1h candlestick, the direction should become clear.
My strategy: place orders on both ends; I won’t assume a position in advance.
- If the 1h closing price holds above 0.3385 → breakout confirmation; follow the longs
- If the 1h closing price breaks below 0.3355 → likely short-term top; switch and short
The 4h structure is still biased bullish and hasn’t broken, but the 1h has already started showing decreasing volume. This kind of price action “pressing against resistance” is the easiest to fake a breakout—don’t chase FOMO during the session.
Key support: 0.3355
Key resistance: 0.3385
Invalidation condition: if the 1h closes above 0.3385 but then quickly pulls back below it → false breakout; do not touch
#BinanceSquare
Which way do you think TRX will choose tonight?
Pre-US/Europe session layout:
TRX is now at 0.3384, exactly stuck just below the resistance at 0.3385—this is tonight’s key point separating bulls and bears. With just one more 1h candlestick, the direction should become clear.
My strategy: place orders on both ends; I won’t assume a position in advance.
- If the 1h closing price holds above 0.3385 → breakout confirmation; follow the longs
- If the 1h closing price breaks below 0.3355 → likely short-term top; switch and short
The 4h structure is still biased bullish and hasn’t broken, but the 1h has already started showing decreasing volume. This kind of price action “pressing against resistance” is the easiest to fake a breakout—don’t chase FOMO during the session.
Key support: 0.3355
Key resistance: 0.3385
Invalidation condition: if the 1h closes above 0.3385 but then quickly pulls back below it → false breakout; do not touch
#BinanceSquare
Which way do you think TRX will choose tonight?
