While $BTC pulled back, TRX pushed higher by ~4.5%, and trading volume surged nearly 45%. That kind of relative strength during a market dip is never random — it’s exactly the sort of move that makes traders look twice.
Now add the TRON DAO × Revolut partnership into the mix, and the narrative clicks. Adoption headlines plus momentum are a magnet for late buyers, especially when the broader market feels shaky.
But here’s where discipline matters 👀
Zooming out, the higher-timeframe structure is still bearish across the weekly, daily, and H4 charts. This push is running straight into a major supply zone around $0.28–$0.29, an area that has historically absorbed buying pressure.
That zone is dangerous. It’s where relief rallies often die — and where bull traps are built.
Unless TRX can reclaim and hold above $0.29 with strength, this move looks more like a counter-trend bounce than a real trend reversal.
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$TRX has quietly grabbed attention this week.
While $BTC pulled back, TRX pushed higher by ~4.5%, and trading volume surged nearly 45%. That kind of relative strength during a market dip is never random — it’s exactly the sort of move that makes traders look twice.
Now add the TRON DAO × Revolut partnership into the mix, and the narrative clicks. Adoption headlines plus momentum are a magnet for late buyers, especially when the broader market feels shaky.
But here’s where discipline matters 👀
Zooming out, the higher-timeframe structure is still bearish across the weekly, daily, and H4 charts. This push is running straight into a major supply zone around $0.28–$0.29, an area that has historically absorbed buying pressure.
That zone is dangerous.
It’s where relief rallies often die — and where bull traps are built.
Unless TRX can reclaim and hold above $0.29 with strength, this move looks more like a counter-trend bounce than a real trend reversal.
Headlines create interest.
Momentum creates FOMO.
But price acceptance decides direction.
Smart traders don’t chase narratives — they watch reactions.
#HasTheMarketBottomed?