🚀 TRON (TRX) WEAKENS AFTER LOSING UPWARD TRENDLINE

🟢 TRX has just fallen below the upward trendline, trading around 0.345 USD, down 7% from the yearly high. On-chain data shows that Spot Taker CVD has been negative continuously since mid-August, and the funding rate has also reversed to negative, indicating increased selling pressure.

🟢 If it does not regain the 0.345 USD level, TRX may continue to slide towards 0.330 USD (50-day EMA). Conversely, closing a candle above this resistance could reopen the path to 0.370 USD.

➡️ TRX is at a crossroads: hold 0.345 USD or continue to drop deeper?