Lingrid | TRXUSDT in CONSOLIDATION Phase
2025-01-08
Category: None

BINANCE:TRXUSDT   market experienced a sell-off but has recently moved sideways. Currently, the entire market is undergoing a sell-off, with prices trending lower. The price has broken below last week's low and is now approaching a support level where it has previously bounced back twice. The price has respected the downward trendline on several occasions, and after breaking through it, the market is now heading back to retest that it. Since the market is in a consolidation phase, I anticipate buying pressure around at teh bottom and support zone approximately 0.2300 and the trendline. My goal is resistance zone around 0.2750


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