While everyone is busy calling for a reversal, $TRX tells a different story.

It has been a slow descent since the $0.32 region, and we have just reached a new local low around $0.28. The order book looks slightly heavy on the sell side now, with 57% of the weight in the red zone. We are currently hovering above a small support area at $0.277, but the candles are not showing much vitality yet.
Volume is good at 27 million USDT, but we need to see some real buying interest if we want to avoid another drop to $0.268. If the bulls can turn $0.288 back into support, we might be able to talk about a recovery. For now, it’s just a game of "wait and see" to determine whether this support will actually hold or if it’s just a temporary pause.
I’m leaving it until the trends become clearer.