$TRX

As of April 20, 2025, here's the latest technical analysis for TRON (TRX):

🔹 Price Overview

- Current Price:$0.2454

- 24h Change:+1.03

- Market Cap:$23.26 billion

- 24h Volume:$403.56 million

📊 Technical Indicators

- RSI (Relative Strength Index):42.9 (Neutral)

- MACD (Moving Average Convergence Divergence): Bullish crossover — MACD line is above the signal line, indicating upward momentum.

- Short-Term Trend: Bullish

- Mid-Term Trend: Neutral

- Long-Term Trend: Bullish

📈 Key Levels

- Support Levels:

- $0.39

- $0.20

- Resistance Levels:

- $0.2546 (short-tem)

- $0.2600 (key breakout level)

- $0.2700 (bullish target)

- $0.2965 (mid-term Resistance)

- $0.3000 (major Resistance)

✅ Trading Outlook

- Bullish Scenario:A breakout above $0.2600 could lead to a rally toward $0.2700, with potential to test $0.2965 and $0.3000 in the mid-tem.

- Bearish Scenario:A drop below $0.239 may trigger a retest of the $0.220 support level.

⚠️ Summary

TRX is exhibiting a cautiously bullish outlook, supported by a positive MACD crossover and a neutral RI Monitoring the $0.2600 resistance level is crucial; a successful breach could signal further upward momentum Conversely, failure to hold above $0.239 may indicate potential downside riss.

Note: Cryptocurrency markets are highly volatile. Always conduct your own research and consider risk management strategies before trading.