Tron (TRX): Price Is Way Overbought, Time To Sell?

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Tron coin is next on our radar and straight away, looking at the chart, you can see that the price is overbought.

Bollinger Bands are broken and RSI is in overbought zones. We are looking here for a local support zone to be reached (tested) and, from there, a possible break of support to happen as well!

Swallow Team
Note
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Tron coin has moved so far by 8% since getting rejected from that upper zone.

We still have room for a touch in that broken zone so eyes on it now!
Note
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Tron has a small weakness, which resulted in a nice downward movement yet the price is still pushy and volume from buyers is still there.

We are looking for that broken zone to be re-tested, where we should get better clarity on whether to buy or sell!
Note
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After a huge liquidity movement on Tron, the coin price has been slowly moving back down, resulting in so far a nice 8% market price movement!

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