Amid the widespread sell-off in the cryptocurrency market, the TRX token under TRON has fallen below the key support level of $0.30, with the current trading price approaching $0.29. This decline has been driven by volume-driven selling, exacerbating the downward trend. Meanwhile, geopolitical uncertainties and declining risk appetite have also put pressure on mainstream assets such as Bitcoin and Ethereum. Technical indicators show that TRX's upward momentum is weakening; if it fails to regain the $0.30 support level, it could further decline to $0.25. TRX's upside target remains at $0.32 to $0.33, but this depends on the overall recovery of the cryptocurrency market.
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Amid the widespread sell-off in the cryptocurrency market, the TRX token under TRON has fallen below the key support level of $0.30, with the current trading price approaching $0.29. This decline has been driven by volume-driven selling, exacerbating the downward trend. Meanwhile, geopolitical uncertainties and declining risk appetite have also put pressure on mainstream assets such as Bitcoin and Ethereum. Technical indicators show that TRX's upward momentum is weakening; if it fails to regain the $0.30 support level, it could further decline to $0.25. TRX's upside target remains at $0.32 to $0.33, but this depends on the overall recovery of the cryptocurrency market.