Should weekly support continue to be robust, TRX bulls might aim for $0.30

At $0.244, TRX price is steady above weekly support; its possible upward objective is $0.260.

With Tron's DEX trade volume exceeding $750 million, a new annual high indicating more user engagement and liquidity.

With stablecoin market value on Tron approaching $72 billion, ecosystem trust is rising and need is clearly shown.

Trading around $0.247 at the time of writing on Tuesday, Tron price maintains steady above its support level and has a possible upward objective of $0.260 should the support level hold. With Tron's distributed exchange (DEX) trade volume approaching around $750 million, user engagement and liquidity are clearly rising. With stablecoin market value on Tron approaching $72 billion, demand is clearly maintained and ecosystem trust is developing.

As DEX volume explodes and stablecoin demand rises, Tron exhibits favorable bias.
According to DefiLamma's crypto intelligence tracker, the TRX chain's distributed exchange (DEX) trade volume peaked on Tuesday at $751.08 million, a new year-to- date high This volume signified more user engagement and liquidity on the TRX blockchain, therefore strengthening its optimistic projection.

Moreover, since mid-March, the value of stablecoins on the Tron blockchain has progressively increased. DefiLlama statistics indicates that the stablecoin market capitalization right now is $71.93 billion, a new all-time high (ATH.). Driven by Decentralized Finance (DeFi), meme currencies, and payment use cases, such stablecoin activity and value rise on the TRX project point to a bright future as it signals consistent demand and rising ecosystem trust, which may draw more people to the ecosystem.

The Tron price has been stabilizing around $0.244, weekly support level, since last week. By Tuesday, when I was writing, it trades somewhat lower at around $0.247.

Should the weekly level at $0.244 hold and TRX rises above it, the gains might be extended and the April 14 high of $0.259 would be retested.

#TRX #Tron @TRON DAO @Justin Sun孙宇晨 $TRX