TRON’s Next Move: Breakout on the Horizon?
TRON (TRX) is quietly building momentum, and all eyes are now on its next move.
Currently trading at $0.246, TRX has shown impressive resilience, holding above the $0.24 support zone even amid broader market fluctuations.
With a 24-hour trading volume of $1.01 billion and a market cap of $23.39 billion, TRON remains one of the most actively traded and capitalized projects in the market.
What the Numbers Say
TRX is down just -0.51% in the last 24 hours, indicating a stable consolidation phase rather than weakness.
It’s trading just below the recent cycle high of $0.258, with a bullish sentiment across most indicators.
The Fear & Greed Index reads 65 (Greed), a strong signal that investors are willing to take on risk, often a precursor to bullish moves.
Since its all-time high of $0.442 in December 2024, TRX has retraced, but it hasn’t broken below its cycle low of $0.205, which now serves as a key long-term support.
The bounce from that level and consistent higher lows point to renewed accumulation.
Key Levels to Watch
- Immediate Resistance: $0.258
- Breakout Target Range: $0.30–$0.32
- Strong Support Zone: $0.23–$0.24
If TRON successfully breaks above $0.258, the next target could quickly become the $0.30 to $0.32 range.
Sustained bullish momentum may push it even further toward $0.35 or higher in the coming weeks.
Final Thoughts
With market sentiment on its side and price action forming a bullish structure, TRX could be preparing for a sharp move upward.
Prediction: A clean break above $0.258 could lead TRX toward $0.30+, with strong support backing the move. Keep this one on your radar.
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