Tron Price Plummets 5%, Signals Potential Short-Term Decline

Tron’s (TRX) price has experienced a significant drop of 5.5% over the last 48 hours, reaching $0.266 according to CryptoQuant data. This decline is attributed to intensified selling pressure, as indicated by the Spot Taker CVD (Cumulative Volume Delta) metric. 📊 The indicator reflects a rise in sell orders outpacing buy orders, suggesting a potential for further price declines. Short-term bearish signals are emerging if this trend continues.