BOSS Wallet data source, TRX market news today, TRX TRON latest price: $0.18939, up 6.36% in 24 hours, transaction volume $981 million
From the analysis of the K-line chart, the current trend is upward. Compared with 09:00, it fell sharply, and it rebounded compared with 01:00. The price rises but the trading volume decreases, which usually means that the momentum of the market rise is weakened and the number of buyers is reduced.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may experience a pullback or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be alert to the risk of a pullback from highs and pay attention to whether trading volume can keep up with price increases and whether new buying appears.
Uptrend, overbought, recent volume has decreased, price is rising, volume is falling: upside momentum is weakening. According to Williams's indicator, it is now overbought. Recent volume has decreased, volume is lower than in previous hours, price is rising, volume is falling: upside momentum is weakening.

The upward momentum has weakened. Investors are advised to operate with caution, avoid chasing high prices, and pay attention to changes in trading volume.
The above content is for reference only and does not constitute investment advice.