TRON ($TRX ) - the current price fluctuates around $0.267 - $0.274 USD.

Over the last 24 hours, the price has shown a slight decrease of about -1.10% - -1.8%. The trading volume over the last 24 hours is significant and ranges from $630M to $715M USD.

Support around $0.24, resistance around $0.40 in the medium term.

Investtech notes that $TRX demonstrates strong development within an upward trend channel in the medium and long term, indicating sustained price growth potential. However, they also caution about low volume at price peaks, which could weaken the trend.

Upcoming forecasts and prospects:

• Short-term neutral-bullish: Despite the slight decrease over the last 24 hours, overall technical indicators suggest potential for upward movement, especially if the price holds above key support levels.

• Potential retest of resistance: Several analysts suggest that if bullish momentum persists, $TRX may retest resistance levels of $0.27 - $0.285 in the near future.