TRX after the drop to 0.276 has bounced back decisively, looking like a small supply test before tightening up selling pressure. Notably, the 0.278 area still maintains thin liquidity, and a slight push could send the price back up to previous highs.
The flow of money on CEX shows that TRX is being accumulated evenly over the last 6 hours. Long-term holders have not sold at all, and even large wallets are increasing their accumulation at the most recent bottom. TRX is the type of coin that often pumps when the market is busy looking at BTC and other top altcoins, so its bounces are usually surprising and brief.
If the closing price is above 0.281, the path to 0.285 will open quite quickly. The current structure shows that only a small volume spike is needed to trigger FOMO.
