TRON TRX technical analysis

TRX trades in an uptrend, with price above the 4h SMA20 of 0.33659 and the 1D SMA20 of 0.33644. Momentum is positive but not overextended, with 4h RSI14 at 66 and 1D RSI14 at 54.

Price is currently holding above the 1D support zone of 0.3385-0.3399 (2 touches), while the dominant 4h support cluster of 0.3318-0.343 (20 touches) underpins the move. Immediate resistance sits at 0.341791-0.342809 (1 touch), with heavier supply at 0.346191-0.347209 and 0.3489-0.3502.

For bulls to extend the uptrend, price must hold above 0.3385-0.3399 and close the 4h above 0.342809. Bears need a sustained break below 0.3318-0.343, which would open the path toward 0.3286-0.3342 (9 touches) and then 0.327091-0.328109.