$TRX Demand is declining - Bulls prepare to welcome the next round of expansion
$TRX has completed a strong upward trend, reaching the $0.320 area, and is currently retreating to a clear demand zone. On the 4-hour chart, the price has exhausted seller liquidity and is currently stabilizing near the support area of $0.295 to $0.300, which was previously the starting point for the price increase. Despite the pullback, the overall market structure remains bullish, with higher highs still in place.
This pullback appears to be corrective rather than distributive, indicating a healthy profit-taking rather than a trend reversal. As long as $TRX maintains its price above the demand zone, it is more likely to continue moving toward the target range of $0.310 to $0.320. If the price can rebound steadily and regain the local highs, it will confirm the bullish trend.
However, if demand cannot be sustained, a deeper consolidation may occur following the previous one. Growth momentum is narrowing, and expansion is imminent.
