BOSS Wallet data source, TRON market news today, TRX TRON latest price: $0.18445, up 3.59% in 24 hours, transaction volume $981 million
According to the K-line chart analysis results, it is currently in an upward trend. Compared with 09:00, it fell sharply and rebounded compared with 01:00. When prices rise and trading volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually due to a lack of selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases are difficult to sustain, and we need to be alert to the risk of a pullback from highs. Investors should pay attention to whether trading volume can match price increases and whether there are new buy orders entering the market.
The market is trending upwards, the volume is decreasing, and the price is rising. The Williams indicator shows that it is currently overbought. The volume has decreased recently, and the volume is less than in the previous hours. The price is rising, and the volume is decreasing: the upward momentum is weakening.
The upward momentum has weakened, so be alert to the risk of falling back from highs. It is recommended to reduce positions in a timely manner.

The above content is for reference only and does not constitute investment advice.