TRX/USDT – 2H – BUY

The 2H chart for TRX/USDT has fired a cluster of bearish signals—a Trendline Break Down, a Double Top, and a Symmetrical Triangle breakdown—alongside a BOP Zero Cross Up and multiple momentum indicators (STOCHF KD Cross Up, KAMA Retreat Up, MAMA PRICE Retreat Up) that suggest a short-term bounce within a larger downtrend. The confluence of these patterns points to a bearish continuation, with the break of the triangle and the double top confirming selling pressure. However, the presence of bullish momentum signals on the lower timeframes (15m, 30m, 1h) indicates that a relief rally could occur before the next leg down.

Across timeframes, the trend is clearly bearish from 2H up to 8H, with strong trend scores (4/5 on 2H, 3/5 on 4H and 8H), while the 12H and 1D are just beginning to turn bearish. The 15m to 1H timeframes are bullish but mostly choppy, with only 30m and 1H showing solid trends. This suggests that the immediate bounce may be limited and that the broader downtrend is likely to resume. The nearest resistance at 0.34150 is a key level to watch—if price fails to reclaim it, the bearish case strengthens. Support is not defined, so the next downside target may be psychological or prior swing lows.