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📊 TRXUSDT (8H) – Technical Analysis TRX has been moving within an ascending channel (blue lines) over the past weeks, repeatedly testing both the upper and lower boundaries. After the recent peak, a stronger correction started and is still in progress. 🔻 Based on the chart, there is a potential -13.7% pullback, pointing to the following key support levels: •0.3347 USDT – first support (previous local low, yellow line). •0.3185 USDT – stronger support zone that has been tested multiple times. •0.3006 USDT – major support level, aligned with the projected target area. 📌 Scenarios: •As long as TRX stays within the ascending channel, the trend remains bullish. •Losing the 0.3347 and 0.3185 supports could open the way down to 0.3006. •On the upside, resistance is seen near 0.36.

The CAKE/USDT pair is currently consolidating inside a symmetrical triangle, showing signs of reduced volatility and building pressure. Multiple price reactions at both the upper and lower trendlines (highlighted with orange circles) confirm the triangle’s validity. A breakout scenario appears likely, with a potential upward move of around 76%, targeting the $4.38 region. A key resistance level sits at $3.439, which may act as a pullback zone before continuation. The support zone is well-defined near $1.487, and price has respected this level consistently. If bulls manage to push through the triangle’s resistance, this could signal the beginning of a significant bullish leg in the coming weeks. ⚠️ As always, wait for confirmation before entering a trade and manage your risk accordingly. #CAKE #Crypto #Breakout #TechnicalAnalysis #Altcoins #TradingView