TRX/USDT – 1H – SELL

TRX/USDT is under intense bearish pressure on the hourly timeframe, with a confluence of signals confirming a strong downtrend. The Bear Flag pattern on the 1H chart suggests a continuation of the sell-off, reinforced by multiple moving average retreats (EMA, SMA, MAMA PRICE) and a Bearish Engulfing candlestick. The BOP Zero Cross Down indicates selling pressure dominance, while the Fibonacci break below the 0% retracement level signals a breakdown of prior support. The trend is consistently bearish across the 15m to 4H timeframes, with solid trend scores (3/5) on the 1H, 2H, and 4H charts, aligning with the bearish bias. The nearest resistance at 0.33300 acts as a key barrier for any bounce, while support at 0.32350 is the immediate downside target. Should this level break, further declines could accelerate.