I've highlighted the Wyckoffian event cycles. TRX is currently trying to find support and will likely enter a consolidation phase before an impulse or corrective leg. I would recommend staying away from this token until market gives a clear indication on the direction it wants to take. You can use TD Sequential and momentum indicators on the daily to avoid fakeouts.
Plagiarized whitepaper - check
Stealing ETH code - check
Self-glorifying 20 year old megalomaniac CEO who uses buzzwords to attract millennial to invest - check
No mainnet or working product - check