TRON (TRX) Eyes $0.37–$0.40 Breakout in 2–4 Weeks
I believe TRX is positioned to rally toward $0.37–$0.40 over the next 2–4 weeks as bullish technical momentum builds and buyers target a breakout above nearby resistance.
I would watch volume and short-term resistance closely; a clear breakout with sustained volume would validate the move, while a rejection would require quick risk management to protect gains.
Analysis
Technical indicators point to growing bullish momentum as TRX approaches key resistance; a breakout on higher volume would confirm the target while a failure to hold gains risks a short-term pullback.
Recommendation
I recommend a buy bias with position sizing and a stop-loss below recent support; consider taking partial profits near the $0.37–$0.40 area and reassessing if momentum fades.
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.