Tron (TRX) has seen a sharp 5.5% decline over the past 48 hours, dropping to $0.266—a move largely driven by rising sell-side pressure, according to the Spot Taker CVD (Cumulative Volume Delta) data from CryptoQuant.
The Spot CVD tracks the difference between aggressive market buys (Taker Buys) and aggressive sells (Taker Sells) over time. When the CVD line trends upward, buyers dominate. When it turns downward, sellers are in control.
Over the past two days, the indicator has clearly shifted into Taker Sell Dominant territory, reflecting a spike in short-term selling activity.
Short-Term Bearish Signal Builds if Trend Continues
This drop in CVD suggests that sell orders are outpacing buys on the spot market—often a precursor to price declines. The current red-dominant CVD bar signals caution for TRX bulls, especially if this trend persists.
If this selling pressure continues, TRX could face further short-term downside before any recovery can stabilize price action.
While the broader crypto market remains bullish, localized weakness in Tron’s order flow underscores the importance of watching volume dynamics—not just price levels.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/market/tron-drops-5-as-sell-pressure-surges-cvd-indicator-warns/