CoinVigilante

TRON $TRX Local Bottom

BINANCEUS:TRXUSDT on the Binance US exchange has found support at $0.063. The 4H chart shows how Pivots High Low can help identify support and resistance, and price direction changes. The Low Pivot on this chart shows a local bottom and happened on an exhaustion candle with very low volume. Low volume on a downtrend could indicate a change in trend direction.

The overall price action of $TRX is still on a downtrend on the daily and weekly charts.

The premium indicator applied to the chart has recently triggered a BUY signal on the $TRXUSDT pair.

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