As of May 31, 2025, TRON (TRX) is trading at approximately $0.2666, reflecting a 2.06% decline from the previous day.
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📊 Technical Overview
Support Levels:
$0.2615: A $TRX critical support level; a drop below this could lead to further declines toward $0.2553.
$0.2553: A significant support zone; a breach here may indicate a deeper correction.
Resistance Levels:
$0.2746: Immediate resistance; surpassing this could open the path to $0.2806.
$0.2806: A notable resistance level; breaking above this could signal a bullish trend continuation.
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📈 Technical Indicators
Relative Strength Index (RSI): Currently around 50, indicating neutral momentum.
MACD: Shows a potential bearish crossover, suggesting possible downward momentum.
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🔮 Price Predictions
Short-Term: Analysts predict that $TRX may trade between $0.267 and $0.278 in the near term, with potential to reach $0.331 by June 8, 2025, if bullish momentum continues.
Mid-Term: Forecasts suggest TRX could reach $0.35 by the end of 2025, contingent on breaking current resistance levels.
Long-Term: Some analysts anticipate $TRX could reach $0.73 by the end of 2025, assuming favorable market conditions and continued network growth.
