🚀 TRON (TRX) at Breakout Point: Bullish Reversal or Pullback?

TRX/USDT is showing promising signs of a rounding bottom breakout, currently trading near 0.2669 with a modest upward move of +0.64%. Let’s break down what this means for TRX and what could come next.

📊 Key Resistance Zones

TRX is approaching some critical levels:

0.2672 – Long-term target (currently being tested) đŸ”„

0.3026 – 0.3206 – Next bullish targets 📈

0.3556 – 0.4477 – High-level resistance for future gains 🚀

0.1808 – Mid-term target & previous breakout point ✅

0.1438 – Historical resistance to watch

đŸ›Ąïž Support Zones to Watch

If momentum slows down or price rejects resistance:

0.1808 – Key mid-term support 📉

0.0981 – Major support zone đŸ§±

$0.10 – $0.12 – Alternative demand area 🔍

🌀 Bullish Rounding Bottom Pattern

TRX has formed a classic rounding bottom, a strong bullish reversal signal!

Neckline: 0.1808

Breakout above neckline confirms strength

Currently retesting long-term resistance at 0.2672

🔼 Possible Scenarios for TRX

✅ Bullish Breakout

If TRX breaks and holds above 0.2672, expect a move toward:

0.3026 → 0.3206 → 0.3556 and beyond

High trading volume at breakout would confirm trend strength

⏞ Consolidation Near Resistance

Price might hover around 0.2672 before a breakout or rejection

Accumulation zone for swing traders

🔁 Rejection & Pullback

Failure to hold above 0.2672 could lead to a pullback to:

0.1808 (major mid-term support)

Holding 0.1808 would keep the bullish setup intact

⚠ Deeper Correction

If 0.1808 fails, next stop could be:

0.0981 or the $0.10–$0.12 zone

📌 Other Key Considerations

Market Sentiment – Bullish altcoin environment helps TRX 🌍

TRON Ecosystem News – Any major update could spark a rally 📱

Trading Volume – Crucial for confirming breakouts or breakdowns 📊

$TRX

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