TRX is feeling the heat right now
$TRX /USDT is trading around 0.2967, slipping 4.29% on the day after getting rejected near the 0.3110 high. Sellers clearly stepped in hard, pushing price down to a 24h low of 0.2962, where buyers are trying to defend.
On the short-term chart, momentum is tilted bearish. Price is sitting below MA(7), MA(25), and MA(99), showing strong downside pressure. Every small bounce is getting sold, and the candles are tightening — a sign the market is waiting for the next move. Volume is still healthy with 254.88M TRX traded, so this drop isn’t silent… it’s emotional.
If 0.2960 support holds, we could see a quick relief bounce toward 0.300–0.303. But if this floor cracks, TRX may slide further as fear takes control. Bulls need strength and volume fast, otherwise bears stay in command.
Right now, it’s a classic crypto moment — tension, hesitation, and a battle at support.
The next few candles will decide whether this dip becomes an opportunity… or a warning.
