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TRX Poised for Breakout After Weeks of Compression

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TRX has been consolidating in a tight range between 0.24 and 0.26 for several weeks, showing signs of strength in a weak market. Price action has been orderly, with higher lows tightening into flat resistance — a textbook buildup.



This kind of compression often leads to sharp directional movement, especially when paired with low volatility and reduced attention. Volume remains muted, but any breakout with conviction above 0.26 could spark a strong trend continuation




Invalidation: Breakdown of support or rejection with high sell volume near 0.26.



Watching closely. No need to predict — just react.



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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.