On the TRX chart, a setup is forming for a retest and a possible break of the horizontal support level at 0.32974.

Buyers have already defended this area twice, on October 11 and 12. After each test, the price bounced back, but sellers are once again pushing it back toward that level. The most recent approach to support was impulsive. The price is currently hovering near it, and following the latest decline, there has not yet been a significant rebound. The focus is on a retest of 0.32974. If the price breaks below this level and consolidates there, I expect the downtrend to continue. TP1: 0.3290 TP2: 0.3285 TP3: 0.3282 Author: CLUBMONEY