TRX briefly dipped to 0.3291 USD during the 03:00–07:00 candle on 25/10, below the previous low of 0.3293 USD.
The exchange-standard 4-hour candle that closed at 03:00 was at 0.3293 USD, matching the level I’m monitoring. After rising to 0.3296 USD at 03:56:45, the price returned to exactly 0.3293 USD at 04:27:10. All times are Vietnam time.
The move back below the level makes me cautious: TRX rose above the previous low but failed to hold there. The 03:00–07:00 candle has not closed, so there is no confirmation yet. The dip to 0.3291 USD is still just an intraperiod move, not confirmation that the level has been lost based on a candle close.
The next checkpoint is the exchange-standard 4-hour candle closing at 07:00 on 25/10: only a close above 0.3293 USD would confirm a reclaim of the level and change my assessment; at or below it, there is no confirmation. Ahead of Fed night, I’m only watching the previous level, not setting a new price target.
$TRX #DigitalAssets
The exchange-standard 4-hour candle that closed at 03:00 was at 0.3293 USD, matching the level I’m monitoring. After rising to 0.3296 USD at 03:56:45, the price returned to exactly 0.3293 USD at 04:27:10. All times are Vietnam time.
The move back below the level makes me cautious: TRX rose above the previous low but failed to hold there. The 03:00–07:00 candle has not closed, so there is no confirmation yet. The dip to 0.3291 USD is still just an intraperiod move, not confirmation that the level has been lost based on a candle close.
The next checkpoint is the exchange-standard 4-hour candle closing at 07:00 on 25/10: only a close above 0.3293 USD would confirm a reclaim of the level and change my assessment; at or below it, there is no confirmation. Ahead of Fed night, I’m only watching the previous level, not setting a new price target.
$TRX #DigitalAssets