🔍 TRON (TRX) – Last 24 Hours Momentum

#TRX #CryptoNewss #BinanceAlphaAlert

📈 Price Change:

TRX is up ~1.0–2.4% depending on source (range shows +2.3% based on Crypto.news, +2.05% via Binance) .

📊 Volatility & Range:

Traded between $0.2786 – $0.2869 over the past 24h .

High-volume day with $525–834M traded—indicating active market interest .

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⚖️ Momentum Signals

⏬ Short-term Pressure & Recovery:

CoinDesk highlights a drop from ~$0.277 to $0.270 on heavy volume, followed by a rebound late in the session—suggesting resilience near the $0.27 support .

🟢 On‑Chain Strength:

Daily active addresses hitting all-time highs (50–100 day moving averages) .

Daily transactions surged past 8 million (+30% increase), a strong bullish on-chain indicator .

📉 Technicals & Flag Patterns:

Forming bullish continuation (flag/triangle) above $0.278–$0.280 .

MACD/EMAs support trend—EMA alignment (50/100/200) remains upward-sloping .

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🧭 What It Means

TRX shows strong bullish momentum: on-chain usage is accelerating, technicals are constructive, and recent price action confirms support.

Key resistance sits around $0.280–$0.286—a decisive breakout above could open door to $0.30+.

Watch for continued high volume and further address growth as confirmation signals.

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🎯 Quick Summary Table

Metric Value

📈 24h Price Change +1–2.4%

🔄 24h Trading Range $0.2786 – $0.2869

💰 Volume $525M – $834M

📊 On‑Chain Activity +30% Tx growth, 📈 Active addresses ATH

🔬 Technical Setup Bullish flag, EMA alignment

⚠️ Key Levels Support at ~$0.27–$0.278, Resistance ~$0.286–$0.30