TRX 8H – Pullback Into Rising Trendline & Horizontal Support AftTRON / TetherUSBINANCE:TRXUSDTBKVIPTRX on the 8H timeframe is currently trading around 0.3241 after a strong rally that pushed price to a high near 0.3360 before a sharp multi-candle pullback. Price has retraced back toward the confluence of the rising trendline from the late March lows and a horizontal support zone near 0.3220–0.3241, which previously acted as resistance during the mid-April consolidation and has now flipped to potential support. The rising trendline has been the backbone of the structure since the move began and is now converging directly at current levels. Key Levels To Watch 0.3360 → Spike high, key resistance above 0.3280–0.3300 → Prior breakdown zone, now resistance 0.3241 → Current price, horizontal support zone 0.3220 → Rising trendline support, current confluence test 0.3185 → Secondary support below trendline Below 0.3113 → Full structure breakdown The horizontal support at 0.3220–0.3241 aligns directly with the rising trendline, making this a high-interest confluence zone. The April 25 wick below the trendline that quickly recovered is an early sign that buyers are defending this area. A hold here would keep the higher-low structure intact and set up a potential recovery toward 0.3280–0.3300 and beyond. Failure to hold 0.3220 and a confirmed close below the rising trendline would break the structure and open room toward 0.3185 and below. This is a key confluence test after a sharp pullback. Hold 0.3220 trendline → structure intact, eyes on 0.3300+ recovery. Lose 0.3220 → trendline breaks, deeper pullback toward 0.3185. Structure bullish above rising trendline. Bias shifts only on confirmed trendline breakdown.