All opinions Top Picks Most Discussed Crypto Premium Traders API
sell on strength
TRX

TRON Soars on $1B Buyback; RSI Signals Pullback Risk

I note TRX trading at $0.36 after a 172% YTD surge driven by a $1B buyback program and record Q2 results.

I see the RSI at 74, which signals overbought conditions and raises the risk of a near-term pullback despite strong fundamentals.

I would trim exposure on strength or wait for consolidation and clearer on-chain signals before adding new positions.

Source available for registered users Sign Up Free

Analysis

Strong fundamentals—$1B buyback and record Q2—have powered a 172% rally, but the RSI at 74 points to short-term exhaustion; the setup favors profit-taking or consolidation rather than immediate accumu...

Recommendation

I recommend selling on strength (take partial profits) and avoiding new buys until RSI cools or a clear pullback/consolidation provides a better entry.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in:

risky
TRX

TRON Hype Looks Risky While Grid Needs Upgrades

TRON-style token projects are speculative when critical power-grid upgrades are deferred; digital value depends on physical infrastructure. Treat TRON as higher risk until real-world reliability improves.
Read full + analytics
buy
TRX

TRON (TRX) Eyes $0.37–$0.40 Breakout in 2–4 Weeks

TRX looks set to target $0.37–$0.40 within 2–4 weeks as bullish technicals and rising momentum suggest a potential breakout; monitor volume and resistance.
Read full + analytics
buy on weakness
TRX

TRON Eyes $0.37–$0.40 Breakout as Bulls Build Momentum

TRON (TRX) shows bullish momentum with a potential rally to $0.37–$0.40 within 2–4 weeks; watch for a breakout above nearby resistance.
Read full + analytics
buy
TRX

TRX Eyes $0.37–$0.40 Breakout in 2–4 Weeks

TRX may rally to $0.37–$0.40 within 2–4 weeks as technical indicators turn bullish; watch for a breakout above key resistance.
Read full + analytics
buy on weakness
TRX

TRX Eyes $0.37–$0.40 Breakout — Buy on Pullbacks

TRX (TRON) may rally to $0.37–$0.40 within 2–4 weeks as bullish momentum builds; consider buying on pullbacks and avoid chasing breakouts.
Read full + analytics
buy
TRX

TRON Targets $0.37–$0.40 Breakout in 2–4 Weeks

TRON (TRX) shows bullish technicals with a potential rally to $0.37–$0.40 in 2–4 weeks if it clears resistance near $0.30–$0.32. Monitor volume and confirmation before entering.
Read full + analytics
buy
TRX

TRON Eyes $0.37–$0.40 Rally on Breakout Momentum

TRON (TRX) shows bullish momentum and could reach $0.37–$0.40 in 2–4 weeks if bulls break key resistance; consider buying with strict risk controls.
Read full + analytics
buy
TRX

TRX Eyes $0.37–$0.40 Breakout as Bulls Build Momentum

TRX could rally to $0.37–$0.40 within 2–4 weeks as bullish momentum builds; watch for breakout confirmation and higher volume.
Read full + analytics
risky
TRX

TRON: Rejected Transactions Can Still Cost TRX — A User Warning

Warning: TRON may consume TRX even when transactions are rejected due to energy/bandwidth and fee mechanics; users should test and monitor costs.
Read full + analytics
buy
TRX

Telegram TRX Bot Claims 100% Payout — Test Before Depositing

New Telegram TRX bot claims 100% payouts with a 0.5 TRX referral and 25 TRX minimum withdrawal; recommended by a user but needs verification.
Read full + analytics