TRX showed signs of weakness after reaching $0.2437 and quickly fell back to $0.2294, indicating that sellers dominate the market. Currently, bearish momentum is increasing, and if the price breaks below $0.2270, it is expected to further decline to $0.2250.
Trading Strategy:
Entry Condition: Price breaks below $0.2270 to confirm bearish momentum
Target Price: $0.2250
Risk Factors: If bulls hold above $0.2270, a short-term rebound may occur.
Overall trend is bearish, but it is still necessary to closely monitor market movements and adjust trading strategies flexibly.