TRX/USDT Market Snapshot
Price: The current price of TRX is $0.1602, indicating a 1.90% decrease from the previous price.
The 24-hour high is $0.1635, and the 24-hour low is $0.1596.
Trading Volume: The 24-hour trading volume for TRX is 309.90 million, and for USDT, it's 50.04 million.
Support and resistance levels
There is a support level around $0.1590, and a resistance level around $0.1640.
If the price breaks below the $0.1590 support level, it could lead to further declines. Conversely, a break above the $0.1640 resistance level could signal a potential reversal.
Short-term bearish sentiment: The current price action suggests that short-term sentiment for TRX is bearish.
Market liquidity: The relatively high trading volume indicates a liquid market, which can be beneficial for traders.
