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HomeCoinsTRONTRON price analysis (Bullish) — 0.34 USDT (+1.80% 24h)

TRON price analysis (Bullish) — 0.34 USDT (+1.80% 24h)

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Market Insight — TRXUSDT
Sentiment: Bullish

TRXUSDT is showing moderate bullish momentum with a 1.8% gain over 24 hours, trading at $0.3386. The price sits just above both the 20-day SMA ($0.3372) and 50-day SMA ($0.3351), indicating underlying support. However, the RSI reading of 69.8 is approaching overbought territory, suggesting potential for a short-term pullback before further upside. Volume is healthy at over $82 million, supporting the current move. Volatility remains moderate at 1.52%, typical for TRX. Traders should watch for a break above $0.34 for continuation toward $0.345 resistance. Consider taking partial profits near current levels given elevated RSI, with stops below the 50-day SMA. Wait for RSI to cool below 65 before adding new long positions.

Key Metrics

Price 0.3386 USDT
24h Change 1.80%
24h Volume 82442156.09
RSI(14) 69.81
SMA20 / SMA50 0.34 / 0.34
Daily Volatility 1.52%

TRON — 1h candles, 7D window (SMA20/SMA50, RSI).

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