🚨 TRON (TRX) Price Analysis: Critical Support Levels in Play! 🚨

TRON's price action indicates a test of key support levels. Here's a breakdown of the latest chart to keep you ahead of the market trends:

Support Levels:

Support: $0.1300

Major Volume Area Low (mVAL): $0.1286

Resistance Levels:

Major Volume Area High (mVAH): $0.1406

Volume Profile:

Significant trading activity around $0.1330-$0.1350, suggesting strong price agreement in this range.

Moving Averages:

Price is testing support near the 50-period moving average, indicating potential for a bounce.

RSI Indicator:

Current RSI at 45.69 suggests neutral momentum, watch for a break below 40 or above 60 for new trends.

Key Takeaway: Monitor the $0.1300 support level closely. A break below could signal further downside, while holding above $0.1330 could lead to a retest of $0.1400 resistance.

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