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is my transition rev32 wheel shot?

Dogboy

Turbo Monkey
Apr 12, 2004
3,209
585
Durham, NC
If that is opposite the valve hole then it is just the rim seam. I wouldn't be too worried as it looks like a little paint is coming off from rim flex.
 

HAB

Chelsea from Seattle
Apr 28, 2007
11,581
2,009
Seattle
Yeah, that's definitely at the seam. Looks like it's just a pinned (as opposed to welded) joint and it's flexing a little. Nothing to worry about.