Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure

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Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure - NewsBTC

Quick Summary:

Related Reading: Ethereum Addresses In Profit Nearly Doubles Since April Lows – Volatility Returns To confirm a breakout, bulls must decisively push the price above $0.28 with higher volume, which could open the door to a move toward $0.30 and potentially retest December’s highs near $0.36.

If buying pressure persists and price breaks above current resistance levels, Tron could stage a significant rally to catch up with the broader market.

Technical Analysis: Bulls Defend Higher Lows Above Support The daily chart for Tron shows that the asset is consolidating after a strong push toward the $0.28 resistance zone.