TRX hovers around $0.32. Stochastics low, shorts high. Will it rally to $0.33 or dip to $0.31?

TRX's current price is stabilized at $0.32, showing oversold conditions as per the stochastic indicator, and experiencing high levels of short positions in futures trading. Despite this, there is significant selling pressure from aggressive sellers and a strong resistance level at $0.33 due to a dense moving average wall.