I’ve noticed over the past few days that liquidity indicators on the TRON network (TVL – Total Value Locked) have started to decline significantly.
Outflows from lending protocols and centralized exchanges are usually a short-term weakness signal, since it means that funds previously locked are now being pulled out.
📊 On the TRX/USDT chart, the price is currently ranging between the strong resistance at 0.3700 and the solid support at 0.3000.
🔼 The price may rise to test the resistance level at 0.3500,
then potentially retrace back toward 0.3000.
The main support is around 0.3000; if broken, it could push the price down to the next support at 0.2585.
Liquidity behavior often precedes price movement.
Personally, as someone who focuses on liquidity analysis and market maker activity, I believe that continued outflows could put more pressure on TRX. However, if large wallets step back in, this could quickly turn into a bullish opportunity.
The question is:
Do you think TRX is really under short-term pressure ?
Or is this just a shakeout before the next rally ?
✅ Write a comment with your favorite altcoin hit the like button, and I'll provide my analysis in the reply. Trading is simpler with the right coaching.
My analyses are personal opinions, not trade setups.
Thank you for your support, and I wish you successful trades 🌹
Outflows from lending protocols and centralized exchanges are usually a short-term weakness signal, since it means that funds previously locked are now being pulled out.
📊 On the TRX/USDT chart, the price is currently ranging between the strong resistance at 0.3700 and the solid support at 0.3000.
🔼 The price may rise to test the resistance level at 0.3500,
then potentially retrace back toward 0.3000.
The main support is around 0.3000; if broken, it could push the price down to the next support at 0.2585.
Liquidity behavior often precedes price movement.
Personally, as someone who focuses on liquidity analysis and market maker activity, I believe that continued outflows could put more pressure on TRX. However, if large wallets step back in, this could quickly turn into a bullish opportunity.
The question is:
Do you think TRX is really under short-term pressure ?
Or is this just a shakeout before the next rally ?
✅ Write a comment with your favorite altcoin hit the like button, and I'll provide my analysis in the reply. Trading is simpler with the right coaching.
My analyses are personal opinions, not trade setups.
Thank you for your support, and I wish you successful trades 🌹
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.