TRON ($TRX) Breaks Resistance: Buyers Seize Control With Bullish Momentum
TRON (TRX) has achieved a major technical breakout, turning previous resistance into fresh support and setting the stage for a potential upward surge.
TRX Bulls Take the Lead With a Clean Breakout
In a strong show of force, TRX has decisively broken above the key resistance zone around $0.2431, successfully flipping it into new support. Recent bullish engulfing candles and a powerful breakout backed by momentum confirm that buyers are firmly in control of the market.
According to the latest setup, TRX completed a clean retest of the breakout level, signaling an optimal entry point for traders eyeing long positions.
Entry Range: $0.24430 – $0.24450 Take Profit (TP): $0.24630 Stop Loss (SL): $0.24311
This clear structure offers traders a low-risk, high-reward opportunity as TRX continues to gather strength.
Market Outlook: Can TRX Sustain Its Rally?
With bullish momentum on its side, TRX looks poised for further gains, provided the newly reclaimed support at $0.2431 holds strong. Analysts suggest that continued price action and trading volume on lower timeframes will be critical to confirming the strength of this bullish push.
If current conditions persist, TRX could easily continue advancing toward the $0.2463 mark and beyond, opening new possibilities for traders willing to ride the breakout wave.
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