$TRX
TRON ecosystem continues to make strides: DeFi applications attract user participation, ETF applications and halving proposals release long-term value signals. In the competition for a hundred billion market capitalization in the crypto world, TRX faces encirclement by mainstream coins, and speculative behavior by whales is frequent.
Although price fluctuation data is limited, significant on-chain USDT movements and the undercurrents of Sun Yuchen's TRX transfers keep market nerves tense, requiring vigilance against emotional fluctuations triggered by movements of main funds.
Prices are oscillating narrowly around 0.262 (0.260-0.264), with both bulls and bears locked in a tug-of-war. The MACD is close to the zero axis, indicating insufficient momentum, while the RSI is neutral but leaning strong without being overheated.
The EMA moving averages are converging, forming short-term pressure, but long-term support remains effective. After a volume surge of 69.62 million in the early session, trading has slowed, and the market has entered a wait-and-see mode, possibly continuing a range-bound oscillation pattern in the short term.
Currently, the 1-hour chart is sideways.
Crazy investment in Sun Yuchen. I think web3. is very suitable for TRX, holding two exchanges. On-chain, there are no shortage of users. Fees are also low enough. It's just a matter of when Brother Sun will emulate Binance's BNB.
The market never misses opportunities; the question is whether you can seize them. By following experienced people and the right ones, we can earn more! You give me trust, and I will return you results; integrity is fundamental!!
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