Lingrid | TRXUSDT continues to MOVE Sideways in the RANGE
2025-02-01
Category: None

BINANCE:TRXUSDT  market is currently making higher highs and higher lows. However, it continues to oscililate around the key level at 0.2500. On the weekly timeframe, the price action is within a consolidating zone, meaning it is trading within the previous weekly range. As the price has now reached the top of this consolidation zone, there is a potential for a reversal. Given this context, I expect the market to move lower from this level, as it hits resistance at the top of the consolidation zone and channel border. My goal is support level at 0.2450 


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