โก $TRX Daily Outlook โ Cooling Phase or Setup for Next Leg Higher? ๐
๐ Price: $0.3469
๐ Chart: 1D
๐ Change: -1.08%
TRON has enjoyed a strong climb over the past weeks, but todayโs pullback candle signals either a round of profit-taking or a short pause before continuation.
๐ Moving Averages Check:
MA7: $0.3532 โก๏ธ trading just under it, short-term caution
MA25: $0.3366 โ acting as reliable support
MA99: $0.2959 ๐งฑ defining the bigger bullish structure
๐ก๏ธ Support Levels:
$0.3360 โ aligned with MA25, key short-term defense
$0.3100 โ last consolidation base
$0.2950 โ MA99, must hold for macro bull trend
๐ Resistance Levels:
$0.3550โ0.3600 โ local supply zone
$0.4000 โ psychological barrier
$0.5000+ โ potential breakout target if momentum surges
๐ง Market View:
Uptrend remains intact with higher highs and higher lows since June
Current dip looks like a healthy cooldown unless $0.336 gives way
Reclaiming $0.355 would likely trigger the next upward push
๐ฎ Quick Take:
TRX is still positioned bullishly despite todayโs weakness. Holding above $0.336 keeps the trend alive, but slipping below it could invite a deeper test toward $0.31โ0.29.