๐ ๐๐๐๐ (๐๐๐) ๐๐๐๐ซ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐๐จ๐ง๐: ๐๐ข๐ฅ๐ฅ ๐๐ฎ๐ฒ๐๐ซ๐ฌ ๐๐ฎ๐ฌ๐ก ๐๐ก๐ซ๐จ๐ฎ๐ ๐ก $๐.๐๐?
๐ Technical view (explained simply):
โ TRX is moving inside an ascending triangle: this means the price is making higher lows while repeatedly testing a ceiling at around $0.32.
โ This pattern often signals growing buyer strength: each dip is shallower, showing bulls are stepping in earlier.
โ Key level: $0.32. If the price closes above this with high volume, it could trigger a larger bullish move.
๐ On-chain momentum:
Daily transactions on the TRON network are now over 9 million โ a strong sign of real demand.
The 100-day average of transactions is near all-time highs โ this means the growth isnโt a single spike; itโs been building up over time.
Historically, rising user activity often supports breakouts, as price moves backed by real network use tend to be stronger.
๐ What traders should watch next:
โ A clear daily or weekly close above $0.32 with higher-than-average volume โ could confirm a breakout.
โ If price fails and drops below the latest higher low (around $0.29โ0.295), the pattern weakens.
๐ After a breakout, potential targets: previous highs around $0.36โ0.38, and in strong bullish cases, higher.
๐งญ Summary in simple words:
TRX is building pressure just under a major resistance.
On-chain numbers show real user growth, not just hype.
A breakout above $0.32 could start a new bullish wave โ but it needs volume to prove itโs real, not a fake pump.