Tron (TRXUSD) has been trading within a Channel Down pattern since the August 14 2025 High. However its current rally since the February 06 2026 Low, is approaching the 1D MA200 (orange trend-line) right at the top of the pattern and is jeopardizing its structure.
A 1D MA200 rejection would technically keep the Channel Down intact but a break above it would make the trend transition into a Rectangle that could eye 0.3200 as a Top. Check also the 1D RSI similarities between the two fractals.
Either way the medium-term Target of this ongoing Bear Cycle is the 1W MA100 (red trend-line). Depending on where the rejection takes place, the Target Zone is 0.25300 - 0.25000.
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