$TRX on the 2H timeframe is at a clear inflection zone.


Price structure is still tilted bullish — buyers are consistently defending key supports, while resistance clusters are getting repeatedly tested but not fully broken. That kind of compression usually doesn’t last long.
Right now, the market is coiling.
A clean breakout above the resistance stack would signal continuation of bullish momentum.
But if price gets rejected here, it likely confirms distribution and a short-term trap for late longs.
At this stage, candles around the current range matter more than any prior movement — the next expansion will define the direction.
#GateSquareMayTradingShare
TRX1.1%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned