$TRX shows multiple upward patterns on the chart 🚀📈 — from previous breakouts to bowl formations and trend continuations.
The price has been consolidating above the upward trend line since March, with strong resistance at 0.349–0.352 📊🐂
📈 The RSI indicator is moving from neutral areas towards positive 🎯➡️📈, and the MACD is approaching a bullish crossover 💥 — technical signals support the resumption of momentum 📊
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On-chain activity
🔥 Trading volume exceeds $920 million daily 📈, with consecutive green candles indicating new liquidity entering
🐋 Whales continue to accumulate 📥, and exchange balances are decreasing 📉🏦 — the transfer of TRX to cold wallets reflects long-term holding intentions 🔐
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Sentiment and general context
📢 Social sentiment is trending towards optimism 📱📈 — despite a profit-taking wave worth $1.4 billion, community confidence remains
🌐 TRON is solidifying its position as a major stable payment platform, with over 8 million USDT transactions within just one week
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Forecasts and warnings
⏳ If resistance at 0.352 is broken steadily, we may see an extension towards 0.371 then 0.40 during the next quarter 🚀
⚠️ However, with momentum indicators slowing in the short term, risk management remains essential — do not chase peaks without a clear plan
⚠️ This is not financial advice — always do your own research
📢 Follow channel #CryptoEmad for more analyses and real-time updates 💬📡