Tron (TRX) Price Faces Potential 13% Correction

Tron (TRX) is nearing a critical support level at the 23.6% Fibonacci Retracement, risking a potential 13% decline. Despite this, investor confidence remains strong, with long-term holders increasing their positions by 4% over the past week, now holding 3.1 billion TRX. This stability suggests that long-term holders could anchor the price, preventing a deeper bearish trend. Additionally, the Average Directional Index (ADX) indicates a weak bearish trend, suggesting a potential rebound from the $0.116 support level.#EarnFreeCrypto2024 #Megadrop #ETHETFsApproved #btc70k #ETHETFsApproved $BTC $ETH $BNB