Modern Technical Analysis of Resistance Levels (and also Brief Support) for TRON (TRX): $TRX
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Main Technical Levels for TRX
Resistance
According to analysis from Blockchain.News, there is bullish momentum behind the price supported by the launch of a $1 billion buyback program. The price is currently facing immediate resistance around $0.37, and breaking this level is key to a bullish path towards $0.40, and possibly even $0.44 (historical peak).
Bitget also confirms that the price faces strong resistance at $0.369, recording a tight range between $0.3574 (support) and $0.369 (resistance).
Additional analysis from LeVex indicates that the price is trading near resistance levels around $0.35, supported by trading rates above the moving averages (20, 50, and 200 days), reinforcing the positive outlook.
Support
Bitget mentions a solid support at $0.3574 within the previously mentioned tight trading range.
Blockchain.News indicates that the current demand from investors and the technical state suggest that the $0.32 level could be a strategic support point, especially for those looking to buy on dips or waiting for a stronger buying opportunity.
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Comprehensive View in Table
Type Level (in dollars)
Immediate Resistance $0.369 – $0.37
Potential Resistance after Breakout $0.40, then $0.44 (historical peak)
Current Support $0.3574
Strategic Support $0.32 (from moving averages)
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