TRON: an inverse Head and Shoulders

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TRON: an inverse Head and Shoulders TRON / TetherUSBINANCE:TRXUSDTmelikatrader94Hi! Trend Overview: The chart shows a prolonged downtrend, highlighted by the steady descending trendline. Price has been making lower highs and lower lows, consistent with a bearish market structure. Trendline Break: Recently, a shorter-term descending trendline was broken to the upside, signaling potential bullish pressure and a shift in momentum. Pattern Formation: A classic inverse head and shoulders pattern has formed: Left Shoulder: 0.2900 level Head: 0.2765 level Right Shoulder: ~0.2920 level This pattern suggests a potential reversal from the prior downtrend to an upward move. Target Zone: The target of the head and shoulders pattern is marked around 0.3140–0.3180, representing the measured move from the head to the neckline. This is a key resistance zone where sellers might appear.