Big moves are happening in the Tron (TRX) world! 🚀💸 After Trump's inauguration, $TRX rose 13% to $0.25 on Thursday, and whale demand has skyrocketed 500% since Monday 🤯. This surge is largely due to World Liberty Financial's (WLFI) $4.7 million purchase of 19.3 million $TRX tokens, as reported by Arkham Intelligence 📊.

But what's driving this momentum? 🤔 For starters, Tron CEO Justin Sun's $10 million investment in WLFI, a cryptocurrency investment firm founded by the Trump family, has created a buzz 🔥. Sun's announcement about WLFI's quick $TRX purchases further fueled the demand 🚀.

Now, let's dive into the technicals 📈. TRX is supported by an Elliott Wave structure at $0.2529, indicating a potential rise 📊. The token is stabilizing above $0.2442, forming a corrective "ABC" wave 📈. If TRX breaks above $0.2716, we might see a rally toward $0.30 and $0.40 🚀. However, losing $0.2442 support could invalidate this structure, potentially sending TRX below $0.2168 🚨.

What do you think? 🤔

Will TRX continue its upward trajectory, or will it experience a correction?

Share your thoughts! 💬

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