Technical analysis by BKVIP about Symbol TRX: Buy recommendation (3 hour ago)

TRX experienced a controlled pullback into a key support area, where downside momentum stalled and buyers stepped in decisively. The reaction from this zone was clean, indicating absorption rather than continuation lower after the corrective phase. Following the bounce, price has transitioned into a tight consolidation range, suggesting stabilization and balance between buyers and sellers. This behavior typically reflects market acceptance after a reaction from support, rather than impulsive follow-through. As long as price remains supported above the defended area, the structure favors range development and potential continuation. Focus remains on confirmation and reaction quality, with patience favored over anticipation. Structure defines context. Price confirms.