TRON (TRX) Builds Momentum — Can the Bulls Take Control?
TRON (TRX) continues to hold its ground in a volatile market, currently trading around $0.3395, up +0.53% in the past 24 hours. While the price remains below the resistance zone of $0.34–$0.35, strong on-chain activity and steady trading volume hint that momentum might be quietly building. ⚡
Behind the scenes, TRON’s fundamentals are looking solid — the network remains a leader in USDT transfers, with billions moving across the chain daily. Recent reports show institutional wallets and the TRON treasury increasing their holdings, signaling growing confidence in the project’s long-term potential. 💪
However, the technicals show a mixed picture. The 7-day MA sits around $0.3414, slightly above the current price, while RSI and MACD indicate possible consolidation before the next move. If TRX can break through the $0.35 resistance, we could see a run toward $0.37+. But if it slips under $0.33, a short-term correction may follow.
Despite the uncertainty, TRX’s consistent network growth, strong community, and stablecoin dominance keep it firmly in the spotlight. Whether this is the calm before a breakout or just another consolidation phase — one thing’s clear: TRON isn’t fading anytime soon. 🌐
"The Tip feature is now active on my Binance account. To support me in confidently posting more crypto knowledge, crypto reviews, and crypto analysis, you can support me through the Tip feature. Thank you all very much!"