#Tron (TRX) Eyes Range Breakout: Can Bulls Push Price to $0.30?

TRX is consolidating within a range, with overhead resistance at the 23.60% Fibonacci level around $0.2569 and support at $0.2178.

Technical indicators, including an RSI climbing above the halfway mark and a bullish MACD crossover, suggest rising momentum.

Analyst Ali Martinez points to a potential parallel channel breakout, with a key support at $0.17.

Tron (TRX) is showing signs of mixed bullish momentum as it consolidates in a well-defined trading range. #TRX has lost 1.5% over the past 24 hours, while it had shown signs of slow recovery. The asset is working within a consolidation range where technical analysis points to a potential breakout rally that could propel the price higher.