crypto analysis
08/07 14:51
The 90-day Spot Taker CVD indicator shows dominant Taker Buy activity, meaning buyers have consistently led the action in the spot market.
This kind of buyer dominance typically precedes sustained rallies, as it reflects organic accumulation rather than speculative hype from derivatives.
Unlike limit orders, taker buys represent immediate execution demand, signaling urgency and conviction.
As a result, TRX’s current price levels are supported by strong spot market confidence, not short-term speculation.
This strengthens the case for the ongoing uptrend to continue, especially if TRX can flip resistance into support.
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