a level that must have an eye on

4. Sept.

Over the past 655 days from November 2022, Tron (TRX) has maintained an uptrend and outperformed many giants. Tron (TRX) has posted a 20.13% increase in price over the last 30 days and a 250% rally from the 2022 descending triangle's breakout. In August 2024, the Tron price had neared the 2021 highs but failed to generate continued bullishness to pierce it through. This happened due to recent market volatility that led to a continuous drop.
The 2021 high was a strong resistance that deflected its ascent by nearly 10% in the last 10 days. In intraday, the fall has slipped below the 20-day EMA band, which has created more fear in investors.
Therefore, a level that must have an eye on would be $0.1438. This level will show whether the bearishness would accelerate or a resurgence would occur.