đš $TRX Breaks $0.30 â Bears Eye $0.264 Next
TRX has fallen below its critical $0.30 support after facing renewed selling pressure this week. The daily close below this level could confirm a bearish structure.
Key Highlights:
đ TRX rejected at $0.325 last week; selling pressure dominates.
đ» Spot CVD & OBV trending lower â aggressive market sell orders.
⥠RSI below 50 & moving averages point to bearish momentum.
đ§ Next potential downside target: $0.264 if the $0.30â$0.31 retest fails.
Trading Insight:
Traders may consider waiting for a retest of $0.30â$0.31 before entering short positions. Weekend volatility could trigger a liquidity hunt.