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TRX Short Sellers Face $2M Liquidation, Will Bulls Step In?
The overall cryptocurrency market is exhibiting signs of recovery, and Tron (TRX) seems to be aligning with the trend. As traders’ short positions on the verge of liquidation exceed a staggering $2 million, there exists an opportunity for bulls to step in.
Since early February 2024, TRX has oscillated within a parallel channel pattern between $0.22 and $0.25.
Source: https://coinpedia.org/price-analysis/trx-short-sellers-face-2m-liquidation-will-bulls-step-in/
