- TROLL shows a clear descending triangle pattern, with sellers pressing and bulls defending $120M support.
- Price dropped from $0.18 to near $0.10 in a week, reflecting sustained bearish pressure.
- Volume remains stable despite the sell-off, displaying slow liquidation or quiet accumulation.
TROLL is skating on thin ice after shedding 45% in just seven days. With a bearish triangle forming and $0.10 acting as the last line of defense, tension is building fast. Will bulls step up, or is a deeper drop around the corner?
Descending Triangle Signals Tension
According to data from Dexscreener, TROLL is forming a descending triangle on the 4-hour chart. This classic bearish pattern has been building as lower highs continue to pressure a key horizontal support between $120M and $130M in market cap.
Price action confirms weakening bullish strength. Each bounce from support has produced a lower high, suggesting sellers are dominating every rally attempt. Yet, the $120M–$130M range has acted as a strong demand zone, holding firm despite multiple retests.
Volume has declined during this consolidation — a common trait of this pattern.A move above the descending trendline but with volume increase, could flip momentum in favor of bulls. However, a breakdown below $120M may trigger a fast drop toward $90M–$100M.
Bearish Momentum Intact
The token’s price slid from above $0.18 to just over $0.10, a decline of nearly 45%. Each rally attempt failed, resulting in consistent lower highs — a clear indication of sustained sell-side pressure.
Volume behavior offers a clue. Despite the downtrend, trading volume remained mostly steady. Late-week activity even showed a slight uptick. This could be early-stage accumulation by speculators betting on a rebound or simply continued distribution at lower levels.
There were no extreme spikes in volume or sharp wicks to the downside, which suggests a slow bleed — not panic-driven selling. That typically signals fading interest or exhaustion rather than fear.
Market Cap Trends Reinforce Bearish Outlook
As per Dexscreener’s market cap chart, TROLL’s valuation dropped from $180M+ to just above $100M within the week. The structure shows a series of minor recoveries followed by deeper cuts — often seen during speculative corrections.
Unless bulls reclaim $0.12+ with volume, TROLL risks breaking below the psychological $0.10 mark sending the token toward deeper support.
