đš $TRX in Freefall... or About to Explode Back Up? đđ„
đŹ Market Looks Scary Right Now
TRX just dipped to $0.3137, down about 1.1% in 24h.
Charts are bleeding red, traders panicking, and the market wiped nearly $19B overnight.
But hereâs the twist RSIâs at 18.8, which is deep in oversold territory.
Thatâs usually where big reversals love to start brewing.
đ Short-Term? Yeah, Looks Rough
EMAs (7-day and 25-day) are chilling above price.
Translation: bears are driving right now.
Those candles? Brutal.
But $0.31 is holding like a champ.
TRX isnât falling apart itâs loading the spring.
đ„ Why Bulls Are Still Smiling
Despite the dump, TRONâs still killing it on fundamentals.
Over $1.1B USDT inflows last week.
TVLâs $6.28B still one of the biggest DeFi networks.
And Justin Sunâs teasing AI + NFT upgrades and even S&P Top 10 inclusion.
If that $0.33 zone holds, a pop to $0.35 (and maybe $0.50 later) isnât crazy talk.
đ» The Bear Warning
If Bitcoin keeps bleeding, nobodyâs safe.
Break $0.30, and we could see $0.28 fast.
Short-term EMAs might slap down every bounce until buyers reclaim momentum.
⥠Quick Gut Check
All signals scream âoversold.â
Volumeâs still strong.
If BTC chills out even a little, TRX could snap back hard this week.
Buyers are lurking waiting for that confirmation candle.
đ My Take
TRX looks like that stubborn coin that plays deadâŠ
Then suddenly jumps 20% just to make you regret selling.
What do you think HODL or bail before it nukes again? đ
