New High For TRON, But Bearish Signals Cast Shadows On The Rally

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New High For TRON, But Bearish Signals Cast Shadows On The Rally - NewsBTC

Quick Summary:

High selling volume typically indicates that upward momentum is beginning to wane, particularly when paired with pessimistic sentiment.#Altcoins | #TRX ✴️ Tron: New High & Double-Top (Full Trade-Numbers SHORT Incl.) TRXUSDT (Tron) just produced a new high and double-top.

Increase In Sales Volume Raises Concerns In a recent post, analyst Alan Santana saw a significant increase in selling volume, which raised concerns about market pressure.

This is one of the pairs that offers the best risk reward ratio because it trades so close near the All-Time High, near resistance.Current… pic.twitter.com/aztSSGElGf — Alan Santana (@lamatrades1111) November 3, 2024 This pattern may be concerning for TRX traders as it suggests that a decline may be imminent.