Every power $T^k$ is piecewise linear where the subdivision is by the multiples of $\frac1{2^k}$. One finds that $T^3(\frac{2k+1}8)=1$ and $T^3(\frac k4)=0$ so that on every subinterval the slope is either $+8$ or $-8$. As $\frac18<\frac29<\frac14$, $$T^3(x)=2-8x$$ on that interval, again giving evidence to the fixed point at $\frac29$ and that the slope there is $-8$, which is repelling.