TRX/USDT – 2H – SELL

The 2H chart for TRX/USDT has fired a dense cluster of bearish signals, including Trendline Retreat Down, Trendline Break Down, and multiple bottom pattern retreats (Double and Triple Bottom Retreat Down), alongside a Symmetrical Triangle breakdown and zero-line crossings for BOP, CCI, and CMO. This confluence indicates strong selling pressure and a likely continuation of the downtrend. The lower timeframes (15m to 2H) are all bearish, with the 15m showing a solid trend, while higher timeframes (4H to 1D) remain bullish but choppy, suggesting the bearish move is counter-trend on higher timeframes but currently dominant on the trading horizon.

Key levels to watch are resistance at 0.32970 and support at 0.32590. A break below support could accelerate the decline, while a reclaim of resistance would invalidate the bearish setup. The high probability (94%) and very strong strength underscore the conviction behind the signal, but traders should be cautious of the conflicting higher timeframe bullish bias, which could limit downside or trigger a reversal.