Technical analysis by Lingrid about Symbol TRX: Buy recommendation (11/5/2025)

The price perfectly fulfilled my previous idea . TRXUSDT is showing early signs of reversal after rejecting the support level near 0.2770. Price action remains within a clear downward channel, but buyers have managed to defend the lower boundary, creating a possible short-term rebound setup. A sustained move above 0.2900 could open a path toward the 0.3000 resistance zone, where sellers are expected to return. This structure hints at a corrective phase before the broader bearish trend resumes. ⚠️ Risks: Stronger-than-expected U.S. job data or inflation could boost the USD and pressure TRX lower. Bitcoin volatility spikes may undermine altcoin recovery momentum. Failure to hold the 0.2770 level could invalidate the short-term rebound setup. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!