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🚀 TRON (TRX) WEAKENED AFTER BREAKING THE UPWARD TRENDLINE
🟢 TRX has just fallen below the upward trendline, trading around 0.345 USD, down 7% from the yearly high. On-chain data shows that the Spot Taker CVD has been continuously negative since mid-August, and the funding rate has also reversed to negative, signaling increased selling pressure.
🟢 If it does not reclaim the 0.345 USD mark, TRX may continue to slide to 0.330 USD (EMA 50 days). Conversely, closing a candle above this resistance may reopen the path to 0.370 USD.
>➡️ TRX is at a crossroads: hold steady at 0.345 USD or continue to fall deeper?
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➡️ Update crypto market information at: