🌟 Tron confirms the upward accumulation with a target resistance at $0.43 🌟
✅ Quick Summary:
Tron is in a stage of upward vertical accumulation with continued higher highs and higher lows.
The 50-day moving average (50 MA) strongly supports the price.
The main support level is at $0.31 after a successful test.
Breaking the resistance at $0.43 could accelerate the upward trend towards new levels.
✅ Key Technical Points:
🔹 Key support: $0.31 on the higher time frame.
🔹 Trend structure: consecutive higher highs and higher lows with support from the 50 MA.
🔹 Next resistance: $0.43 after breaking the current peak.
✅ Expected Price Behavior:
Continued vertical accumulation supports further upward movement as long as $0.31 is protected.
A volume-supported breakout at $0.43 could open the way for new highs.
Current trading volume reflects healthy buying activity and the market's readiness to push the price higher.
💹 Advice for Followers:
Focus on the support level at $0.31 and the resistance at $0.43, as they are the key to determining the likelihood of continued upward movement or correction.