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TRX/USD chart - Trading View
Exchange - Bitfinex
Support: 0.0192 (Lower BB); Resistance: 0.0240 (5-DMA)
Technical Analysis: Bias Bearish
TRON has resumed downside, trades lower for the 5th straight session.
Upside in the pair was capped at 55-EMA and below daily cloud.
Bounce back in the pair failed to hold above 200-DMA, bias has turned bearish.
Stochs, RSI and 5-DMA are sharply lower, suggesting more downside.
Scope for the pair to break below previous monthly lows at 0.0203.
Next support lies at lower Bollinger band at 0.0192.
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