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$TRX An imminent major earthquake! Can TRON withstand the all-network bull slaughter?
$TRX 's latest market price hovers around $0.32.
Billion-dollar liquidation storm spreads:
An epic liquidation of over a billion dollars has erupted across the entire network. Although TRX previously appeared “resilient” due to high staking, no asset can remain a safe haven in the face of a black swan where all network funds are completely drained. The correction wave is often the most brutal!
Technical breakdown and downward trend:
Over the past week, it has been continuously declining from the high of $0.35, showing clear signs of a bearish eat-away. It is currently struggling to hold on at the critical support level of $0.32. The daily chart has already shown signs of fatigue, with buying power weakening, and this defensive line could collapse at any moment.
Stablecoin moat losing blood:
The market is in extreme panic, and on-chain liquidity is rapidly withdrawing. Once the USDT locked-up volume and transfer activity on the TRON network reach a turning point due to macroeconomic tightening, the fundamental myth TRX relies on for survival will face a direct re-evaluation.
$TRX Once the $0.32 level is broken with increased volume, it may trigger a stampede downward, heading straight for $0.28!