A slow down? After three days of going up, TRON is flat today, hovering around $0.066.

TRON is consolidating around the $0.066 level after dropping $0 at the start of the trading session.

This uncertain state for TRON is reflected by published market data as highly important Core Retail Sales data from United States beat analyst expectations of -0.3% with a reading of -0.8%. Retail Sales in United States fell short of market expectations (-0.4%) with a reading of -1%, continuing the decline from the previous figure of -0.2%. United States CFTC S&P 500 speculative net positions released yesterday at 20:30 UTC with a figure of -307,600, while the previous figure was -321,500.

TRON made an initial break below its 50 day Simple Moving Average at $0.066, a possible indication of a forthcoming negative trend. TRON's upper Bollinger Band® is at $0.067, suggesting that a downward move may follow. In contrast,

Despite the market lacking direction, technical chart analysis strongly suggests TRON is positioned for a downward move in the near term.

While TRON is pretty flat so far today, mixed performances are seen elsewhere as FTX Token added 9.54% to its value, now trading at $1.36. NEAR Protocol moves up 5.39% to trade around $2.34. Cardano gained 2.57% and is now trading at $0.449.

TRON has gained 21.29% since its lowest print of $0.05 earlier this year.