#TRX #TRON #DeFi #Stablecoin #BinanceFutureTrading

TRON (TRX) – Strong growth momentum thanks to smart accumulation and ecosystem expansion 

📌 Market situation

• Current price: $0.2632

• 24h volatility: +2.3%

• Market capitalization: $25.04 billion

• 24h trading volume: $1.35 billion

• Circulating supply: 94.91 billion TRX

• All-time high: $0.45 (03/12/2024)

• 1-month growth: +10.29%

• 1-year growth: +15.79%   

🔍 Technical analysis

TRX is trading around $0.2632, after breaking through the resistance level of $0.26. Trading volume has surged, indicating strong buying pressure. The nearest support level is $0.24, acting as a potential buying zone if the price corrects.

⚙️ Suggested trading strategy

• Buying zone: $0.25 – $0.26

• Stop-loss: $0.24

• Take profit 1 (TP1): $0.28

• Take profit 2 (TP2): $0.30

• Expansion scenario: If TRX closes the weekly candle above $0.30, it may hold the position until $0.35   

🧭 Key events

• Smart accumulation: TRX is in a quiet accumulation phase, with trading volume on DEX reaching a yearly high of $750 million and stablecoin market cap reaching an all-time high of $72 billion.

• Partnership with MoonPay: TRON has partnered with MoonPay, allowing users in the US to purchase TRX more easily, expanding global accessibility.

• Attractive valuation: TRX is currently trading below the resistance level of $0.26; a breakout could push the price to $0.28–$0.30, while losing the $0.24 mark could lead to a price drop.

$TRX