$TRX is starting to look suspicious.
The price is pressing up against the upper boundary of the rising wedge, and I really don’t like how cramped everything has become.
I wouldn’t chase the green candle right now. If the sellers push through this structure, the move could be quite unpleasant.
I’m watching the first zone from the bottom around $0.31.
And $0.13 is already a very harsh scenario.
But if TRX confidently breaks out above the wedge, I’ll be the first to admit that the bearish idea didn’t work.
The price is pressing up against the upper boundary of the rising wedge, and I really don’t like how cramped everything has become.
I wouldn’t chase the green candle right now. If the sellers push through this structure, the move could be quite unpleasant.
I’m watching the first zone from the bottom around $0.31.
And $0.13 is already a very harsh scenario.
But if TRX confidently breaks out above the wedge, I’ll be the first to admit that the bearish idea didn’t work.
