TRON Analysis: Bullish Momentum with Correction on the Horizon
Analyzing TRON
TRON ($TRX ) is confidently climbing, consistently setting and closing above new highs.
The price recently broke out and closed above the previous high. Although it hasn't reached the channel's upper border yet, its bullish momentum suggests more upside potential.
TRX is nearing strong resistance at $0.13, signaling a likely correction against the trend. This correction could be a great long opportunity.
After a pullback from the breakout level, we expect the price to continue its upward trend, with the first target being the resistance zone at $0.145.
