Market dynamics:
TRX is currently testing a significant horizontal resistance level, forming an ascending triangle. The next move in the market will likely depend on how the price interacts with this resistance.
Considering the prospects:
If TRX can break through this resistance level, it could signal a continuation of the current trend. However, if the resistance is strong and the price pulls back from it, the market could see a correction, leading to further consolidation or a possible downward move.
Monitoring the situation:
It is important to watch how TRX behaves around these key levels. The market reaction to these critical points will give an idea of ââthe likely trajectory of the price in the near term.
Team đCrypto Scouts
$TRX #TRX #TRON #binance #altcoins⏠#analysis
