Lingrid | TRXUSDT Remains in a CONSOLIDATION PhaseAfter the recent sell-off, BINANCE:TRXUSDT market has been moving sideways within a downward channel. The price is consolidating below the key level of 0.25. Zooming out, we can observe that the price is forming a triangle pattern. I believe there is a possibility of a fake breakout at the channel boundary and resistance zone, which would likely lead to continued sideways movement. If a false breakout occurs at the resistance zone, I expect the price may move to lower levels, especially since this area coincides with the previous week’s highs from the last two weeks. My goal is support zone around 0.2250
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