TRON Eyes $0.30 Breakout: Can Bulls Sustain the Rally?
TRON (TRX) is charging toward a critical resistance level—will the bullish momentum hold or fade?
After weeks of consolidation, TRX shows strength as buyers push toward the $0.30 psychological barrier. The last attempt at this level saw a sharp rejection—but this time, trading volume suggests conviction.
Key factors driving the surge:
- Network activity hits 3-month highs
- Stablecoin adoption boosts utility
- Whale accumulation spikes
Technical indicators flash bullish signals, though overbought conditions loom. If TRX clears $0.30, the next target sits at $0.35—a zone last visited during the 2021 bull run.
Bear case? Traders chasing the pump might get rekt if institutional money decides to take profits. After all, what goes up in crypto usually comes down—just ask the 'stablecoin' Luna.
TRON faces key resistance at its biweekly high, while liquidation data suggests critical levels that could influence price action. During this writing, TRON (TRX) trades at $0.2927, reflecting a 1.9% decline over the past 24 hours.
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