On $TRX , a pattern is forming for a retest and possible break below the horizontal support level at 0.32974.
Buyers have already defended this area twice, on October 11 and 12. After each test, the price bounced, but sellers have brought it back to this level again.
The latest move toward support was impulsive. The price is now holding near this level, but there has not yet been a significant bounce after the latest decline.
Buyers have already defended this area twice, on October 11 and 12. After each test, the price bounced, but sellers have brought it back to this level again.
The latest move toward support was impulsive. The price is now holding near this level, but there has not yet been a significant bounce after the latest decline.