$TRX

1. Volume Spike Context

  • A 150% volume increase is significant, but without buyers stepping in, this can mean:

  • Absorption: Large orders are filling on the sell side, suppressing upward movement.

  • Liquidity Sweep: Price is testing a key zone to trigger liquidity (e.g., stop-losses or limit orders).



2. Blue Box Zones

When price approaches your predefined blue boxes:

  • Observe how price reacts in those zones on lower timeframes (e.g., 1-minute or 5-minute):

  • Is price consolidating (building a base)?

  • Are there sharp rejections (wicks, tight ranges)?

  • Is price forming higher lows (signs of buyers stepping in)?



3. Upward Breakout Triggers

To evaluate upward breakouts:


Focus on price structure:

  • A clear break above recent highs on lower timeframes.

  • Watch for a clean candle close above the range to confirm buyers have control.

  • Ensure the breakout is not a fakeout:

  • Price should not immediately drop back into the range after breaking above.

  • Look for a retest of the breakout level that holds as support.



4.Volume Behavior at Blue Boxes

  • Even without indicators, you can observe volume visually:

  • If large volume candles appear near the blue boxes and price holds โ†’ buyers may be absorbing supply.

  • If price starts moving up with minimal retracement โ†’ potential for continuation.#trxshort #Write2Earn! #FullMarketBullRun #BTCNewATH