Tron’s native tab, Trx, faced intense sales pressure in the last 24 hours, marking a price of 27.7 cents to 27 cents.
The high volume decline occurred together with the turbulence in the largest market influenced by geopolitical tensions and the evolutionary feeling of investors.
These macroeconomic factors aggravate the challenges already presented by the high commercial volumes. However, the last time of analysis revealed some market resistance, where TRX recovered slightly from a fall below 27 cents.
Technical analysis breakdown
- The 24 -hour price drop from $ 0.277 to $ 0.270, with a closing price of $ 0.269, was accompanied by significant volume peaks, reaching 156,716 million, indicating a sales pressure.
- Price volatility was observed between a maximum of $ 0.278 and a minimum of $ 0.268.
- The high negotiation volume points to a possible downward pressure in TRX prices.
- The rapid rebound of less than $ 0.27, together with a continuous commercial interest, suggests a critical support level that can avoid greater decreases.
