$TRX /USDT — Tron Bullish Continuation Signal 🚀📊🔥
Confidence: High ⚡✅ Probability of hitting targets: ~80%
Follow & 👉 Click Here and Take Your Reward 😊
BUY& TRADE HERE $TRX
Trade Plan :
· Entry Zone: $0.3253–$0.3290 (scale-in on VWAP pullbacks)
· TP1: $0.3303
· TP2: $0.3331
· TP3: $0.3342
Final TP 0.3350 to 0.3382
· SL: Below $0.2826 (invalidates structure)
Current Price: $0.3266
Support: $0.2826 (key resistance turned support) → $0.2087 (50-day SMA confluence)
Resistance: $0.3520 (immediate resistance) → $0.4220 (cup-and-handle target)
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📊 Key Technical & Fundamental Context:
1. Tokenomics: Circulating supply 94.66B TRX (100% of max supply); FDV $30.92B .
2. Volume Profile: $355.23M 24h volume confirms steady accumulation .
3. Market Sentiment: 50.4% social bullishness (Twitter) ; Fear & Greed Index at 51 (Neutral) .
4. Protocol Utility: TRX powers governance, staking, and fee payments on TRON’s high-throughput (2,000 TPS) network .
Short Reasoning: TRX demonstrates a strong bullish technical structure, trading at $0.3266 (Live Binance Data) with key support held above critical levels . Catalysts include:
· Institutional accumulation: Tron Inc. doubled its TRX holdings to $220M, signaling long-term confidence .
· Stablecoin dominance: TRON processes 99.2% of global USDT supply ($215B daily volume), leveraging its zero-fee architecture for cross-border payments .
· Technical momentum: Price trades above 50-day SMA ($0.2087) and 200-day SMA ($0.1141), with RSI at 66 (bullish but not overbought) and MACD showing weak but positive momentum .
· Ecosystem growth: 2.5M+ daily active addresses and 113B+ total transactions underscore robust adoption .
#TRX 🚀