Citing Coinotag, TRX is forming a bear flag pattern on the daily chart, with price near $0.277 and key support at 0.2709 in focus. Long liquidations have intensified, indicating stress on leveraged bullish positions, while short liquidations remain minimal. The pattern suggests a potential breakdown below $0.2800, with measured move targeting 0.2709. Trading volume remains moderate at $550 million, with no strong recovery signals observed.
TRX Bear Flag Nears Confirmation as Price Tests $0.277 Amid Rising Long Liquidations
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