Tron (TRX) Price Declines Amid Protests
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Business & Economics
Tron Price Analysis: TRX Halts Below $0.30 as Justin Sun Attends Trump Dinner
67% Informative
Tron (TRX) price nears $ 0.30 amid political controversy as Justin Sun attends Trump dinner.
Justin Sun’s appearance at the event, held May 23 at Trump National Golf Club near D.C. , became a flashpoint.
Tron 's market volume dropped 3.74% to $462.27 million in the last 24 hours , while open interest fell sharply by 10.04% .
The pullback came after a market capitalization high of $25 billion , placing TRON back in the top 13 crypto assets globally.
The 30-period and 50-period RCI levels remain firmly in bullish territory at 84.65 and 82.14 , respectively.
However, a near-term bearish case cannot be ruled out if TRX closes below the SAR support.
A break below $ 0.2610 may invalidate the bullish thesis with bears potentially swooping in to force a larger dip.
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