Countdown to a Crash? #TRX Volume Shrinks, 0.28 Becomes a Bullish Graveyard!
TRX fluctuates in the 0.26-0.28 range, with the MACD red bars lengthening indicating bullish momentum, but the KDJ indicator shows unclear direction, and the resistance at 0.28 above is quite strong. Although the support at 0.26 below is solid, the rebound strength has weakened, overall presenting a downward continuation pattern.
Current market sentiment is cautious, with large funds remaining inactive. I personally believe TRX is facing a directional choice. If trading volume cannot expand, the MACD top divergence may trigger a decline.
In terms of operation, it is recommended to observe in the short term. If you want to short contracts, wait for a rebound near 0.28 before considering it, with a stop loss set above 0.283. For spot traders, continue to stay put.
If you often chase spikes and sell dips and get stuck, and lack the latest news in the crypto world and direction, tap on my avatar to follow me. Whether in a slow bull phase or sector rotation, you won’t miss out.
