Summary
- An analysis has emerged that TRON(TRX) has entered the overbought zone.
- TRON's 180-day Sharpe Ratio is noted as an important indicator for evaluating risk-adjusted returns for investors.
- It is stated that the possibility of TRON's decline is high, requiring caution from investors.
TRON(TRX) is in an overbought zone, and there is an analysis that the possibility of a decline is high.
On the 28th (local time), CryptoQuant author joaowedson stated, "TRON's 180-day Sharpe Ratio has entered the overbought zone. The Sharpe Ratio is an indicator that evaluates how much return an investor can earn relative to risk, and when this indicator shows an extreme value, adjustments have occurred."
He added, "TRON may temporarily continue its upward trend, but maintaining a position in the overbought zone requires caution. Going forward, the possibility of a decline is higher than an upward trend, and it could be a situation not favorable for a long position."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
