TRX at $0.333: price below key moving averages but holds above SMA-200
- —Price below SMA-7, SMA-15, SMA-30 and SMA-50, but above SMA-200
- —Volume of $470.16 million is 9.43% above the 30-day average
- —RSI at 43.5 and bearish MACD point to weak momentum
- —Canary's TRX staking-rewards ETF is context, not a confirmed driver
Why it matters: TRX is at a decision point: holding the SMA-200 keeps the longer-term picture intact, but reclaiming the short-term averages is needed to shift the signal.
Source: DiarioBitcoin