Home
News
Details

TRX Faces Bearish Pressure as Daily Bear Flag Nears Breakdown

iconCryptofrontnews
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
TRX
$0.280.03%
TRX remains under a bearish trend as the daily bear flag shows signs of breakdown. Price movement stays near session lows with steady selling pressure and weak buying interest. Liquidation data shows longs are being unwound, especially through November. The daily chart shows TRX inside a bear flag, with a close near $0.277 likely to target $0.2709. Volume remains moderate at around $550 million as the price movement continues to drift lower.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.