TRX NEXT EXPLOSION INCOMING?
TRX is showing a strong bullish setup after breaking out of a long-term consolidation pattern.
🔹 Price has cleanly broken out of a multi-year descending structure
🔹 Retested the key support zone around $0.21–$0.23
🔹 Still respecting the long-term ascending trendline from 2020
🔹 Historical move: 6,469% rally in the previous cycle — current structure suggests similar potential
Key Technical Levels to Watch:
🟩 Support Zone: $0.209–$0.230
🟩 As long as TRX holds above this level, bias remains bullish
🟩 This is a breakout + retest scenario.
🟩 Potential Upside Targets: $0.65 → $1.20 → $2.20+
The chart structure is indicating the possibility of a strong uptrend continuation, with bullish momentum building on higher timeframes.
TRX is technically strong and could be gearing up for a major leg higher if key support holds.
Add it to your watchlist. NFA & DYOR
TRX is showing a strong bullish setup after breaking out of a long-term consolidation pattern.
🔹 Price has cleanly broken out of a multi-year descending structure
🔹 Retested the key support zone around $0.21–$0.23
🔹 Still respecting the long-term ascending trendline from 2020
🔹 Historical move: 6,469% rally in the previous cycle — current structure suggests similar potential
Key Technical Levels to Watch:
🟩 Support Zone: $0.209–$0.230
🟩 As long as TRX holds above this level, bias remains bullish
🟩 This is a breakout + retest scenario.
🟩 Potential Upside Targets: $0.65 → $1.20 → $2.20+
The chart structure is indicating the possibility of a strong uptrend continuation, with bullish momentum building on higher timeframes.
TRX is technically strong and could be gearing up for a major leg higher if key support holds.
Add it to your watchlist. NFA & DYOR
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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.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
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.
