Recently, due to major shareholders selling off, the TRX price has significantly dropped, with 'whales' selling over 8.27 million coins in 24 hours causing extreme volatility.

However, the market's bullish sentiment remains unchanged, with 84% of holders choosing to wait while the TRON ecosystem trading remains active.

The mid-level at $0.2398 may become support, and a short-term rebound is expected.