TRON ($TRX ) Market Overview – April 9, 2025

Current Price: $0.2307 USD

Price Change (24h): +0.73%

Daily High/Low: $0.2365 / $0.2283

Trading Volume: ~$1.2 billion USD (approx. 5.25 billion TRX traded)

Support and Resistance Levels:

Support: $0.2200 – strong demand zone

Resistance: $0.2410 (short-term), $0.2500 (key breakout level)

Market Indicators:

RSI (Relative Strength Index): 65 – slightly bullish, nearing overbought

MACD (Moving Average Convergence Divergence): Shows strong bullish momentum

Long/Short Positions Insight:

Around $2 million in TRX short positions are at risk of liquidation

This suggests bullish pressure, with short sellers potentially getting squeezed

Price Predictions (April 2025):

CoinCodex Forecast: TRX may rise to $0.2630 (about +12%)

Changelly Forecast: TRX could range between $0.233 and $0.250 this month