Recently, the Crypto Assets market has been turbulent, but TRX has shown remarkable resilience against falling prices. Currently, the TRX price is $0.331. Although it faces pressure in the short term, its performance still exceeds the overall market trend. Notably, despite a 12% contraction in volume, TRX has still achieved a 0.42% rise over the past seven days, demonstrating strong market resilience.

In terms of market sentiment, the funding rate has shifted from negative to positive, indicating that bullish confidence is gradually recovering. From a technical analysis perspective, investors should closely watch the support level around $0.315 and the resistance level around $0.331. The current Relative Strength Index (RSI) has reached 52, while the green bars of the MACD indicator are narrowing, all of which suggest that TRX may be building momentum and ready to rebound.

However, we cannot ignore the potential risk factors. From a longer time frame, TRX is still in a downtrend, and its valuation level is relatively high. In addition, regulatory uncertainties, such as the U.S. Securities and Exchange Commission (SEC) delaying its approval decision, also cast a shadow over the future trend of TRX.

For investors intending to participate in TRX trading, it may be advisable to adopt a cautious short-selling strategy within the range of $0.3308 to $0.3318, while setting the target price range at $0.3245 to $0.3225. However, in the current complex and volatile market environment, risk management should always be the primary consideration for every trader.