TRON Price at $0.33: Will Smart Money Trigger Short Squeeze or Further Decline?

TRX is currently trading at $0.33, stuck to its floor after a -1.54% slide on the session.

The price is barely off the lower Bollinger Band, and stochastic readings are near zero and negative funding setting up a potential short squeeze.

However, aggressive sell-side flow and 4% collapsing open interest suggest any short squeeze may not materialize.

The global long/short ratio is neutral at 1.01, but top trader cohort is leaning 51.5% short, indicating they are positioning for further weakness.