$TRX /USDT - Lean Bullish Setup with Caution at Resistance
TRON (TRX) is trading at $0.3580, up around 2.5% intraday with tight trading between $0.349 and $0.359. ([finance updated])
Technical Snapshot:
•A "Strong Buy" rating across daily and weekly charts affirms bullish momentum.
•All major moving averages (MA7: $0.3329, MA25: $0.3225, MA99: $0.2863) align bullishly.
•RSI is overbought (>70), and price faces stiff resistance around $0.359-$0.360.
Trade Setup:
•Entry Zone: $0.355 - $0.358
•TP1: $0.370
•TP2: $0.385
•Stop Loss: Below $0.350
Outlook: A decisive move above $0.360 could trigger upside toward $0.385. However, profit-taking or resistance rejection near this level may lead to a retracement toward $0.350-$0.345.
