TRX Technical Setup: Inverse H&S Playing Out at the $0.344 Neckline
A well-formed Inverse Head & Shoulders is active on TRX’s 30m chart, with the Left Shoulder at $0.3381, the Head at $0.3347 (lowest swing), and the Right Shoulder at $0.3375 — all structurally sound and symmetrical. The neckline slopes gently upward from $0.3411 to $0.3442, and price is currently testing the neckline zone at $0.3444. Outcome projection is replayed from the best historical match from a prior TRX cycle that resolved as a confirmed breakout, plotting a measured-move path toward $0.3456. Confluence is strong: RSI at 61 (constructive, not overbought), MACD histogram positive with bullish momentum state, and a Morning Star + Dragonfly Doji candlestick cluster printing right at the Right Shoulder base — all pointing to continued upside if the neckline holds.
