The Buy/Sell Pressure Delta, which measures buying or selling pressure relative to the last 90 days, shows that TRX has returned to a buying pressure zone.
The metric indicates that the asset has moved out of the selling pressure area and back into levels where demand once again exceeds supply, favoring buyers.
Historically, when buying pressure reaches high levels, it often signals the formation of price tops. However, this has not occurred yet, suggesting that TRX still has healthy room for further upside, remaining under bullish control.
Written by joaowedson
