The price perfectly fulfilled my last idea. It hit the target level. The recent sell-off in the entire crypto market, led by BTC, had a significant impact on altcoins as well. TRXUSDT has pulled back toward a key support level and the upper border of an upward channel. A fake break of the round number at 0.300 suggests that there was not enough strength for the price to maintain momentum above this level, leading to a rollback. With the price now having rebounded off the trendline and the support level around 0.250, there is potential for a recovery. If the support holds, I expect the market to slowly move upward toward the resistance zones. My goal is resistance zone around 0.2880
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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