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Tria (TRIA) is now showing a clear shift in market structure as the previous bullish trend has been broken. The formation of lower highs and lower lows on the daily timeframe confirms that sellers are currently in control, and the market is leaning toward further downside.
In this video, we break down the current TRIA structure and what this shift means for the next move.
In this video, you’ll learn:
Why TRIA lost its bullish structure after the $0.050 rejection
The importance of resistance at $0.035
How bearish structure is forming on the daily timeframe
Key downside target around $0.0175
What needs to happen for a trend reversal
As long as TRIA remains below the key resistance level, the bearish structure stays intact. Any short-term bounce should be treated as a retracement unless a strong breakout above resistance occurs. Until then, the probability favors further downside movement.
Watch till the end to understand the structure and avoid getting trapped in false moves.
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