🐂 TRON Bulls Are Back — On-Chain Surge Signals Fresh Buying Frenzy
While $BTC hits ATHs, TRON (TRX) is quietly setting up for a breakout. Despite being 66% below its Dec peak, on-chain metrics say accumulation is heating up.
Key Highlights:
• Buy Pressure Spike: CryptoQuant’s 90D Buy/Sell Delta confirms renewed accumulation
• Strong Fundamentals: TRON still dominates stablecoin settlements & active users
• Bullish Structure: Higher lows since April, price riding 34EMA near $0.26
• EMA/SMA Alignment: 50/100/200 SMAs rising—classic trend confirmation
What Bulls Need to Break Out:
• Flip $0.28 resistance with strong volume
• Next targets: $0.30, then $0.36 (Dec high)
Watch Levels:
• Support: $0.26 (34EMA)
• Invalidation: Below $0.2430 (100 SMA)
Bottom Line:
TRX may be lagging now, but the chart is coiled. If altcoins rotate in, TRON could be a major mover. Don’t sleep on this L1 giant.
DYOR. NFA.