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VIP MARKET UPDATE: $TRX
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TRX has recently broken out of an ascending triangle pattern on the weekly timeframe, signaling potential bullish momentum. It is currently approaching a retest of the breakout level.
A successful retest, where the price remains above the triangle, would provide strong bullish confirmation and indicate a continuation of the upward trend. However, if the retest fails and the price drops back below the triangle, it could suggest a potential correction.
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