🚀 TRX Long-Term Trading Strategy: Bullish Momentum Signals Potential Breakout
TRON (TRX) continues to show strong resilience in the market, currently trading around $0.3295, with a recent gain of over 2.3%. Supported by growing ecosystem adoption and technical strength, TRX is positioning itself as a promising asset for long-term bullish exposure.
🔍 Market Highlights:
Price Zone: $0.320–$0.330
Volume: Over $1.2B in 24h trading activity
Momentum: RSI near 57, MACD turning positive
Support: $0.319–$0.320
Resistance Targets: $0.335 and $0.345
📊 Strategy Breakdown:
We recommend a long trading position on TRX based on current trend indicators and ecosystem momentum:
Entry Zone: $0.3205–$0.3220
Stop-Loss: $0.3185 (below key support)
Profit Targets:
Short-term: $0.330–$0.335
Medium-term: $0.345–$0.360
TRX’s growing DeFi activity, stablecoin dominance (especially USDT), and a potential reverse merger with SRM Entertainment—bringing TRON to U.S. public markets—add significant fundamental strength to the technical setup.
🛡️ Risk Note:
Watch for volatility tied to Bitcoin movements and regulatory updates regarding the TRON Foundation. Maintain risk-adjusted position sizing and consider trailing stop-losses as the price approaches resistance levels.
Conclusion:
TRX is showing renewed bullish energy with both technical and fundamental catalysts in place. If the price holds above the $0.320 level, a breakout toward $0.345+ could follow in the coming weeks. A buy-on-dip approach near support zones may offer a high-probability setup for swing and long-term traders.
DYOR No Financial advice!