📈 Current price
• TRX price: $0.2520
• 24h volatility: Up 4.34%
• Peak/day: $0.2530
• Bottom/day: $0.2415
📰 Featured news
• Strong growth: TRON has reached a market capitalization of $23.7 billion USD, maintaining a solid position in the top 10 cryptocurrency markets.
• Price prediction: It is predicted that TRX may reach $0.2686 by 01/05/2025, an increase of 9.33% from the current price.
• Relationship with Bitcoin: Justin Sun, the founder of TRON, stated that TRX has a high correlation with Bitcoin (BTC), reaching 0.37, the highest among major cryptocurrencies.
📊 Technical analysis
• Important support: $0.2442
• Strong resistance: $0.2606
• RSI: 60 – The market is trending strongly and may continue to rise if not faced with strong corrections.
⚠️ Risks to note
• Resistance at $0.2606: TRX may struggle to surpass this level and could adjust down to the support level of $0.2442.
• High volatility: TRX may be strongly affected by unexpected market news, causing significant changes in value.
💼 24h Futures Strategy
• Proposed position: Long (buy)
• Profit target: $0.2606
• Stop-loss: $0.2442
• Trading volume: 10% of account
🧠 Conclusion
TRON is showing positive signs by surpassing the level of $0.2442. However, the resistance area at $0.2606 needs to be closely monitored to determine the next trend. A Long strategy with a target of $0.2606 and a stop-loss at $0.2442 is reasonable in the short term.