TRON price analysis (Bullish) — 0.35 USDT (+0.98% 24h)

TRXUSDT is showing strong momentum with a 0.985% gain over the past 24 hours, trading at $0.3485. The RSI reading of 68.75 indicates approaching overbought territory but hasn’t crossed the critical 70 threshold yet. Price is trading above both the 20-period SMA ($0.34712) and 50-period SMA ($0.34347), suggesting bullish near-term and medium-term trends. The substantial 24-hour volume of $114.75M confirms genuine interest behind this move. However, with volatility at 2.8%, traders should expect some pullbacks. My advice: consider taking partial profits near $0.352-0.355 resistance zone, with stops below $0.342. Wait for a dip toward the 20 SMA for better risk-reward entries if you’re looking to add positions.