Hourly volume spiked 2.22x above average as $TRX held near $0.3348 with a tiny 24h gain of +0.06% on $22.39M volume.
This high-volume consolidation near the upper end of its 0.3342 to 0.3372 range signals potential continuation if buyers reclaim 0.3372. However, chasing without confirmation risks a false breakout. A drop below 0.3342 invalidates the immediate bullish setup.
Would you wait for a confirmed hourly close above 0.3372, or does a drop below 0.3342 keep you on the sidelines?
Tap $TRX for the live chart. #TRX #BinanceSquare
This high-volume consolidation near the upper end of its 0.3342 to 0.3372 range signals potential continuation if buyers reclaim 0.3372. However, chasing without confirmation risks a false breakout. A drop below 0.3342 invalidates the immediate bullish setup.
Would you wait for a confirmed hourly close above 0.3372, or does a drop below 0.3342 keep you on the sidelines?
Tap $TRX for the live chart. #TRX #BinanceSquare