$TRX Market Update
TRX is trading around 0.2759 and the trend is clearly down. The price is below all major moving averages which shows sellers are still in control. The 7-day and 25-day MAs are pointing down and the candles keep closing lower. Volume is not giving any strong reversal signal yet. TRX also touched the 24h low near 0.2740 which means support is weak. Until TRX breaks above the short MAs, the market stays bearish and more downside is possible if support fails.
