Indicators show divergence to the up side while Elliot just finished a count to the Down side, as this is a staking protocol I would be accumulating this one with stop losses in place. This is not financial advice and Please do your Own research.
Traders and some people are still biased bullish after we broke the long term support trend line , the market is trying to say something follow the trend MA's are curling down price is out of the weekly Ichimoku cloud my next confirmation of a longer term bear market will be if we have a monthly MACD cross ,3 day CMF going negative , weekly RSI going below 40 ,...
After an Incredible run TRX is still holding on the trend line as we have a lot of buyers in the 860 - 900 area , on the bright side TRX is now in a smaller consolidating ascending triangle which will be breaking upwards but as BTC market still slides down a break of the current triangle upward could achieve a target between 970 - 990 sat. Good luck!
Just my analysis of what could be the futureof this token price Price might breakout sell Volume is going down.
We are in a huge 5th Wave Target is at 1080 -1090 satoshis. This is not financial advice just my personal TA based on a scenario Against Bitcoin 1.19% and TRX 7.12% . Good day!