👊🏻TRX in 🔥overbought zone?

"Source"

Greetings to the entire "Tron Fan Club" community, today I am reviewing the "TRX" chart on a monthly timeframe
and I see a big movement from "0.052" that started on "March 1, 2023" until it reached "0.45" in
December 2024.

"Source"

Will this be the end of its bullish momentum?

It is possible because the "RSI" is in the overbought zone and the "Awesome" indicator is making a big mountain.
It is also possible that the price will drop to the support of "0.1418" ​​in the coming weeks.

"Source"

Or will the bullish trend continue?

It is also possible that the bullish run will continue because the price is above the 9-period EMA,
the supertrend indicates an uptrend, but the price has broken through the "Bollinger bands" and the "RSI" is in overbought,
which is not a good buy signal, but a sell signal.

"Source"

Time will tell what will happen with "TRX", if it continues to rise or begins a pullback towards a support, have a great day
and see you very soon.