Tron: Price Temperature Signals a Key Resistance Zone
Tron’s long-term trend is being mapped by the "Price Temperature" metric, which is now signaling the approach of a significant resistance level.
📉 The 1-Year Moving Average (1Y MA) currently sits around $0.19, acting as a solid support zone that could serve as the base of the ongoing bull rally.
📈 In the short term, TRX continues to trend upwards and is now nearing a key resistance area at $0.30 — which also aligns with the 1Y MA + 2 Sigma level. Historically, this band has served as a critical test for price acceleration.
📌 If TRX can close daily candles above $0.30, the next major target becomes $0.52, marked by the 1Y MA + 6 Sigma line.
🔎 Conclusion
Maintaining strength above $0.30 is essential for TRX to unlock further upside potential. Otherwise, supports at $0.23 and more importantly $0.19 should be closely monitored.
Written by burakkesmeci
