Justin Sun saves the day after Ty Dolla $ign accidentally burns $500k worth of SUNDOG
Ty Dolla $ign's Crypto Mishap: American rapper Ty Dolla $ign accidentally sent 1.6 million SUNDOG tokens worth $500,000 to the wrong Tron address, leading him to believe he lost the funds, but Justin Sun quickly returned the money to him.
Public Figures and Crypto Losses: This incident highlights a trend where public figures have faced significant losses in cryptocurrency due to mistakes, similar to previous cases involving other individuals who accidentally burned large amounts of tokens.
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Technical Analysis for TRX
Technical Sentiment Analysis for TRON (TRX) As of , TRON (TRX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TRX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TRON (TRX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.241 | 0.255 | 0.268 | 0.282 | 0.295 | 0.309 | 0.323 |
| Fibonacci | 0.255 | 0.265 | 0.272 | 0.282 | 0.292 | 0.299 | 0.309 |
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