As of June 2, 2025, TRON (TRX) is trading at approximately $0.2707, reflecting a modest increase of 0.89% from the previous close. The day's trading range has seen a high of $0.2717 and a low of $0.2672.
---
📊 Technical Analysis: Support & Resistance Levels
Support Levels:
$0.2622: $TRX Identified as a key support level; a drop below this could indicate further downside potential.
$0.243: A swing low that may serve as a significant support in the event of a downturn.
Resistance Levels:
$0.275: Corresponds to the 200-day EMA; a close above this level could suggest a bullish reversal.
$0.28: An immediate resistance level; previously rejected twice in May 2025. A breakout above this could target $0.30–$0.38.
---
📈 Price Predictions for June 2025
Short-Term Outlook: Analysts forecast $TRX to trade between $0.271 and $0.348, with an expected value around $0.325, indicating a potential gain of 28.71% for the month.
Mid-Term Forecast: Should TRX break above the $0.28 resistance, it may target $0.30–$0.38.
Long-Term Projections: Some forecasts suggest that TRX could reach a maximum of $0.73 by the end of 2025, driven by increased adoption and favorable market conditions.
