Why is TRX’s price down?

TRON’s price dipped 1.93% in 24 hours due to Bitcoin-driven market weakness, profit-taking near technical resistance, and altcoin underperformance.

Bitcoin correlation: TRX’s 0.88 correlation with BTC amplified losses as Bitcoin fell.Resistance rejection: Failed breakout at $0.28 triggered profit-taking.Altcoin season absence: Capital rotated to Bitcoin amid rising dominance.