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The current setup might be the launchpad for the next upward move.
TRON Ready to Break Out as Altcoin Season Nears
TRON (TRX) is currently trading between $0.25 and $0.27, consolidating after a slight pullback. The nearest resistance is at $0.29; breaking above this level could propel the price toward the next target at $0.31.
Technical indicators like the RSI and Stochastic are near oversold levels, hinting at a possible bullish reversal.
Despite recent declines over the past week and month, TRX has gained over 77% in the past six months. With altcoin season on the horizon and a global crypto bull run anticipated, TRON could see substantial growth, potentially rising by significant percentages if it surpasses key resistance levels.
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Source: coinpedia.org
