Just sharing a quick thought: with a move like $TRX , where price breaks below the 90-day low on heavy volume, I usually pay less attention to the day itself and more to the next day.
The reasoning is simple: everyone can see that trading volume was 2.4 times higher that day. When a breakdown is genuine, the rebound often fails to get back above 0.3207; when it’s a false breakdown, price usually recovers within a day or two.
The current price is 0.3179. I’ll make a note of it for now and check back tomorrow or the day after. Give this a like if you feel the same.
#TRX
The reasoning is simple: everyone can see that trading volume was 2.4 times higher that day. When a breakdown is genuine, the rebound often fails to get back above 0.3207; when it’s a false breakdown, price usually recovers within a day or two.
The current price is 0.3179. I’ll make a note of it for now and check back tomorrow or the day after. Give this a like if you feel the same.
#TRX