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Analyst Explains Reason Behind Tron Price Sluggishness — Are TRX Bears Now In Control?

  • Tron price had been steadily recovering since mid-March, reaching a local high above $0.28 in May.
  • Recent obstacle in Tron's growth is attributed to a shift in market sentiment towards bearishness.
  • On-chain analysis by Burak Kesmeci suggests Tron's dip in value is linked to increasing Taker Sell volume.
  • Investors cautioned about potential further correction in Tron's price if negative Cumulative Volume Delta trend persists.

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