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$TROX has been showing signs of breaking free from its bearish pressure. Back in December, it punched through the descending resistance line on substantial volume—that was the first real hint that seller momentum was fading.
What happened next matters just as much: the breakout got retested and the support held firm. This kind of clean retest after a volume-driven breakout typically signals genuine shift in market structure rather than a quick spike and dump. When buyers step back in at previously broken resistance, it often means they're willing to accumulate at those levels.
The chart's telling a story about $TROX attempting to establish a bottom. Whether this turns into sustained upside depends on whether buyers keep defending these technical levels or if sellers manage to reclaim control. For now, the structure suggests the downtrend might be losing its grip.