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$TRX / $USDT Daily Chart — Bullish Engine Cooling or Loading More Fuel? 🧭
📊 Current Price: $0.3468
🗓️ Timeframe: 1D
📉 Daily Move: -1.87%
🔍 Market Snapshot
TRON’s rally has been unstoppable since June, with a textbook series of higher highs + higher lows. But today’s red candle signals either healthy profit-taking or the first hint of buyer fatigue.
Is this a reset before liftoff, or the start of a deeper dip? Let’s dissect.
📈 Moving Averages Check
MA7: $0.3532 ⬆️ — Price slipped just under, short-term pressure warning.
MA25: $0.3366 ✅ — Solid short-term support, bulls must defend here.
MA99: $0.2959 🧱 — Long-term bull trend unshaken, fortress support.
🛡️ Key Support Levels
$0.3360 — Crucial “bullish line in the sand” near MA25.
$0.3100 — Old consolidation zone, next defense if selling continues.
$0.2950 — Macro trendline + MA99, absolutely must hold for the bull case.
🚀 Resistance Zones
$0.3550–$0.3600 — Local ceiling, immediate battleground.
$0.4000 — Big psychological level, breakout magnet if momentum returns.
$0.5000+ — Moonshot territory, requires market-wide risk-on sentiment.
🧠 Technical Breakdown
✔️ Strong uptrend intact (higher highs/lows since June).
✔️ Pullback is controlled — no panic selling yet.
⚠️ Lose $0.336 → risk of correction toward $0.31–$0.29.
🔥 Break $0.355 with volume → next leg up very likely.
🧨 TL;DR for Traders
Still Bullish: Trend structure intact above $0.336.
Short-term caution: Below MA7, eyeing MA25 for confirmation.
Game Plan: Hold support = buy-the-dip opportunity. Break resistance = rocket fuel for bulls.
#analysisreport