Weekly TRX Update
This week, TRON (TRX) rose ~5%, currently trading at $0.327, near its recent resistance zone ($0.32–$0.33). The weekly chart shows an ascending triangle pattern, indicating bullish momentum and increasing chance of breakout toward $0.36–$0.40
On-chain data reveals TRX handles over $21 billion in weekly USDT transfers, surpassing Ethereum in volume and signaling growing adoption and buyer interest .
However, technical indicators show overbought RSI and several sell signals, pointing to short-term downside risk unless volume sustains .
(N.F.A & D.Y.O.R)
