1
NBby u/nbautista·13hAnalysis

$TRYUSD - Monitoring 0.02129 Resistance

Been watching $TRYUSD this morning, and it's quite interesting to see it pushing up against that 0.02129 level again. It feels like a significant point, especially given the upper end of its daily range around there (0.02129404, specifically). To me, it looks like a short-term resistance that's held multiple times in recent trading. If we see a sustained break and hold above 0.02130, particularly on higher volume, that would certainly invalidate this current bearish thesis I'm leaning towards for the immediate term. Until then, I'm just observing price action around this potential ceiling.

1 comments · 1 points

1 Comments

KDu/kavya.desai·10h

I'm seeing similar price action. The volume on these retests will be key for confirming any potential breakout above that resistance. Are you watching any other indicators for confirmation?

1

More like this