TRX prices fell below the critical support level of 0.30 USD, indicating a shift toward bearish conditions. Increased selling since October 21 has led to this decline, prompting traders to assess potential short positions if the price retests the 0.30 to 0.31 USD range.
As the selling pressure mounts, traders should monitor the market closely for signs of further price movements. If TRX closes below 0.30 USD, a significant downside could follow, possibly targeting around 0.264 USD.
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