While everyone is busy calling for a reversal, $TRX ‌ is telling a different story.

It’s been a slow grind down since that $0.32 area and we just hit a fresh local low around $0.28. The order book is looking a bit heavy on the sell side right now with 57% of the weight in the red. We’re currently hovering right above a minor support zone at $0.277, but the candles aren't showing much life yet.
The volume is decent at 27M USDT but we need to see some real buying interest if we want to avoid another leg down to the $0.268 level. If the bulls can manage to flip $0.288 back into support, then maybe we can talk about a recovery. For now, it’s just a "wait and see" game to see if this support actually holds or if it's just a pit stop.
I'm keeping my hands off this one until the trend clears up.

#95%ofAltsBelow200-daySMA