$TRX has fallen 3.44% in the past 24 hours. The market isn't particularly brutal, but there's no indication of a strong rebound either. On the 1-hour chart, the moving averages haven't yet formed a new crossover, and RSI14 is at 39.72, which is somewhat weak but not extreme. The real pressure on sentiment comes from the MACD histogram already turning negative, indicating that the short-term rebound strength is insufficient. Currently, it looks more like a weak correction. First, see if the price can hold above the 0.31 level. If it can't, the market remains biased to the downside.