📉 $TRX

/USDT Technical Analysis (Bearish Outlook)

TRX is trading at $0.3321 (-1.86%), showing weakness after rejection from the $0.3394 resistance. Market sentiment remains cautious as on-chain news about fee reduction continues to pressure block producers.

📊 Key Levels

Resistance: $0.3390 – $0.3450

Immediate Support: $0.3300

🔻 Indicators:

MACD is leaning bearish, suggesting declining momentum.

RSI is approaching neutral-to-oversold zone, reflecting selling pressure.

Moving averages indicate short-term downtrend continuation.

🎯 Bearish Targets:

1. $0.3250 – First support retest

2. $0.3180 – Key demand zone support

3. $0.3100 – Major bearish target if selling continues

⚠️ A move back above $0.3394 would shift the trend toward consolidation and possibly test higher resistance.

#TRX