TRX is trading within a channel between $0.2590 (support) and $0.2801 (resistance), currently priced at $0.2721 (+1.97%) after bouncing off the support level.
Over the past two weeks, Tether issued approximately $2 billion in USDT on the Tron network, with strong adoption and over 9 million daily transactions, positioning TRX as the 8th largest cryptocurrency by market cap.
Technical indicators (EWO, RSI, MACD) are flashing bullish signals, strengthening the case for an upward move—especially if the resistance zone is broken with volume.