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Technical analysis by DeGRAM about Symbol TRX: Sell recommendation (7/9/2025)

https://sahmeto.com/message/3621581
DeGRAM
DeGRAM
Rank: 228
3.2
Sell،Technical،DeGRAM

📊 Technical Analysis● TRX is grinding the channel top (≈ 0.288-0.290) while printing a narrowing rising-wedge; momentum is fading as each thrust stalls just below the June trend-line.● A decisive break beneath 0.285 would invalidate the wedge and hand control to sellers, opening 0.279 (mid-band) and the broader channel floor/April pivot at 0.271.💡 Fundamental Analysis● Glassnode notes TRON’s stable-coin inflow growth slowed to its weakest since March, hinting at waning on-chain demand, while renewed U.S. regulatory noise around offshore venues keeps speculative flows cautious.✨ SummarySell 0.288-0.290; loss of 0.285 targets 0.279 → 0.271. Bear view void on an H4 close above 0.2945.-------------------Share your opinion in the comments and support the idea with a like. Thanks for your support!

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$0.28701
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