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TRX appears to have completed a textbook rounded bottom formation on the chart. After consolidating at key support levels, the token is now showing signs of renewed momentum. Technical indicators suggest a breakout is forming above the resistance zone that had been capping price action.
If buying pressure continues, traders are eyeing $0.33 and higher as potential targets for this move. The pattern setup looks promising – price found buyers multiple times at support, and volume appears to be building into this resistance level. Whether this translates into sustained upside will depend on whether buyers can convincingly breach and hold above the key threshold. Chart structure favors bulls at this point, but confirmation on the breakout will be critical.