2026-01-07 03:22:55

TRX has formed a classic double bottom pattern and recently broke through a key resistance level, which is a very clear bullish signal. From a technical perspective, the price has completed its bottom confirmation and is now in the early stages of an upward breakout.

Currently, the short-term target points to the 0.31 level. If the momentum of the breakout continues, there is still considerable room for upward movement. This pattern typically indicates that the accumulation phase has ended, and market participants' sentiment has shifted to optimism.

The bottom has been anchored, and the upward trend has started—if you're still hesitating at this point, you might end up chasing the high later. The key is to ensure the price holds the double bottom support; as long as it doesn't break, the upward logic remains very clear.

TRX-0,61%

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ChainProspector

· 01-07 03:49

Double bottom, I've heard this rhetoric so many times. Every time they say this time is different, but what’s the result? It still depends on volume; breakthroughs without volume are all false. --- 0.31? So conservative. Based on historical rebounds, it should surge to 0.4+ unless the main force is going to dump again. --- If you're so sure, then let's bet on it. Anyway, I won't lose much money. --- Everyone says the same thing about anchoring support, but when it really matters, everything collapses. Let's wait until the break to see. --- Why are you only posting this now? Why didn't you do it earlier? Is it really not chasing the high now? --- If this wave can't break 0.31, I'll liquidate immediately. No more messing around.

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GasBandit

· 01-07 03:45

I will only believe in a double bottom breakout once it happens. Let's see if it can truly hold the 0.28 level. --- Double bottom again, anchoring again. I've been hearing this story for three months, haha. --- Only speak after breaking the resistance level, now you're just talking nonsense. --- 0.31? I just want to see if it can really push through this time. What about the previous promises? --- Is the accumulation phase over? Bro, I’ll believe it only when this position truly stabilizes. --- What's wrong with chasing the high? Anyway, you have to chase it. It’s the same whether you chase early or late. --- Breaking the level means disaster. That’s the key. Don’t just talk about the good stuff.

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SignatureVerifier

· 01-07 03:34

ngl, "classic double bottom" is just what they call it when price bounces twice at the same level... statistically improbable? maybe. but requires further validation before i'd actually move on this. the 0.31 target sounds neat until it doesn't, know what i mean.

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