Recent fluctuations of $TRX : The TRX price has seen a significant drop due to large-scale sell-offs (over 8.27 million pieces, valued at approximately 2 million USD), reaching a low of 0.2398 USD on April 18, close to the support level of the Bollinger Band middle line.

◦ Technical indicators: The Average Directional Index (ADX) indicates a continuation of the downtrend, and if it falls below 0.23 USD, it may further decline to 0.2246 USD; however, the oversold Williams indicator suggests a possible short-term rebound.

◦ Market sentiment: Despite the obvious selling pressure, 84% of TRX holders are still in profit, and the community sentiment is relatively optimistic, with a main focus on holding positions and waiting.

2. Long-term value resilience

◦ Downward resistance performance: In April 2025, the TRX price stabilized in the range of 0.23-0.25 USD, unaffected by the severe impact of Trump's tariff policy, demonstrating its safe-haven attributes.

◦ Historical comparison: In December 2024, there was a single-day surge of 65.85%, and in March 2025, the rise of ecological tokens drove TRX's recovery.