TRX Token Faces 2.14% Price Drop Amid Market Volatility, Strong Resistance, and High Trading Volume

TRXUSDT experienced a 2.14% price decline over the past 24 hours, attributed to broader market volatility, high Bitcoin dominance, and increased bearish sentiment across altcoins, as reflected by a falling Relative Strength Index below 30 and volume surges during sell-offs. Despite TRON’s recent activity as a Gold Tier Sponsor at Binance Blockchain Week 2025 and ongoing ecosystem development updates, the asset faced resistance around $0.2808–$0.2813 and confirmed bearish momentum. Currently, TRXUSDT is trading at $0.2739 on Binance with a 24-hour trading volume of approximately $554 million and market capitalization above $26 billion, ranking it among the top cryptocurrencies by trading activity and market value.