TRX (TRON) is at a pivotal technical stage, as indicated by the Price Drawdown from ATH metric, which tracks its deviation from the all-time high. This metric reveals intriguing historical patterns.
Since 2019, TRX has adhered to a significant trendline, acting as a crucial support during various market phases. During accumulation, it has been a reliable base, while in uptrends, it catalyzed upward movements, showcasing TRX's symmetrical technical behavior.
Since late 2022, a gentler descending trendline suggests less severe declines, highlighting TRX's resilience. Currently, TRX sits at this trendline support, presenting a strategic entry point for investors.