$TRX _ BREAKS OUT – BULLISH MOMENTUM BUILDS ABOVE $0.285
TRON ($TRX ) is showcasing strong bullish intent after a sharp breakout, currently trading at $0.2859 with a solid +3.03% gain on the 4H chart. The recent price action pierced through resistance at $0.2781, confirming upward momentum.
📊 Market Snapshot:
Current Price: $0.2859
24H High / Low: $0.2877 / $0.2773
Volume Surge: 264.75M TRX
Support: $0.2781 – $0.2723
Resistance: $0.2890 – $0.2950
Trend Indicator: SAR showing bullish bias (0.2723 level)
🧠 Technical Highlights:
Price is holding above short-term moving averages (MA5, MA10)
Parabolic SAR supports continued upside
Strong buying volume confirms trader confidence
🎯 Trade Setup:
Entry: $0.284 – $0.286
TP1: $0.289
TP2: $0.295
SL: $0.279
$TRX looks poised for further gains as long as the price holds above key support. Keep an eye on volume spikes and resistance zones for potential continuation or reversal signals.
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