Tron is showing interesting price trends. Historically, the green trend has served as strong support during the uptrend. This level could now become a local bottom.
- Green Trend (1-year MA + 2 Sigma): 0.23
- Purple Trend: 0.40
- Blue Trend: 0.49
These levels, based on moving averages, can rise as demand increases. The purple and blue trends should be watched as resistance zones.
If the price of Tron falls below the green trend, this could indicate weakness. However, holding this level could be the start of a new uptrend. As demand increases, prices could seek the purple and blue trends, and a 0.40 crossing would give the market confidence.