The TRXUSDT market appears to be forming an ABC extension pattern, characterized by a series of higher lows, while the highs remain relatively flat. The price has been consistently testing the 0.2400 resistance area, indicating the possibility of a breakout and a sustained move above this level. Recently, the price surpassed the previous week's high, which may signal either a short-term pullback or continued upward momentum. A retest of the support zone is anticipated before the market potentially resumes its upward trend. The next key resistance level is projected around the 0.2500 mark
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Website - rtedinvesting.com/
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.