TRX Gains 1.16% on Volume 45% Above Average, but Signals Stay Mixed
- —TRX climbed 1.16% to $0.3335, topping the prior close of $0.3310
- —Daily volume of $621.5 million ran 45.35% above the 30-day average
- —RSI at 48.4 and a bearish MACD leave the trend unconfirmed
- —Price holds above SMA-7 and SMA-200 but stays below SMA-15, 30, 50 and 90
Why it matters: Higher volume without indicator confirmation points to a tactical bounce rather than a trend reversal, so traders may want to wait for a break above nearby resistance.
Source: DiarioBitcoin