$TRX is really struggling right now. The $0.2822 level seems to be the only thing holding it up from a bigger drop. Throughout the day, we’ve been seeing lower highs, and the latest hourly candle looks weak and heavy. Price is basically sitting right on the 24-hour low around $0.2820.

TRX

0.3012

+0.97%

Volume is around 27.5M USDT — not very strong — and sell pressure in the order book is starting to build up. Right now, about 54% of the orders are leaning bearish.

If price loses the $0.2820 level, there isn’t much nearby support to prevent a fast drop. I’m watching to see if we get a quick sweep of the lows to grab liquidity before any bounce. But if it breaks and closes below $0.2815, this setup is likely done.#MarketRebound #TRX‏ #BitcoinGoogleSearchesSurge #JaneStreet10AMDump