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$TRX is moving in a way that most people are completely overlooking right now.
We are seeing some really interesting consolidation around $0.3258 after that rejection at $0.3366. If you look at the daily candles, we’ve been making higher lows since that $0.2952 bottom, which shows the trend is still technically intact.
The volume is sitting at $27M, which isn't massive but it’s enough to keep the price stable. We’re currently sandwiched between $0.3200 support and that $0.3300 resistance level.
I’m expecting a bit more sideways movement before the next real expansion. If we lose $0.3205, I might look for a deeper retest, but for now, the bulls seem to be absorbing the sell pressure fairly well.
Are you playing the range or waiting for a clean breakout above $0.33? It feels like a move is brewing.
#OilBreaks110