Tron (TRX) Price Analysis: Bears Aim $0.052 or Lower

Tron price started a fresh decline from the $0.0558 level against the US Dollar. TRX price is now trading below $0.0550 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0540 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0533 support zone. TRON price started a fresh decline below the $0.0550 against the US Dollar, similar bitcoin. TRX price could accelerate lower if there is a move below $0.0533. Tron Price Analysis This past week, tron price started a