⚠️ TRX/USDT: Falling on volumes — new downward impulse? 💣
The price of TRON continues to decline — now $0.2661 after a sharp move from $0.273. The market is pushing the coin down under the pressure of volumes. All moving averages MA7 < MA25 < MA99 — confirm bearish dynamics.
📉 Technical analysis:
Current price: $0.2661
Local minimum: $0.2648
Key resistance level: $0.2700
MAs crossed down, selling pressure is increasing
Volumes on the decline are greater than on the rise — classic for shorts
🔴 Trading idea: Short
Entry: $0.2660–0.2665
Stop-loss: $0.2750
TP1: $0.2625
TP2: $0.2590
TP3: $0.2540 (in case of a strong decline)
💡 Risk is low, but it is important to monitor BTC — altcoins are currently moving in unison with it.
🧠 Comment:
TRX looks weak at the moment — the increase is not confirmed by volumes, and each attempt at growth is suppressed by sellers. If $BTC does not bounce, we expect TRX to continue its decline.
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