CandleFocus

TRON Fails At The $0.21 Threshold

The summary of the given crypto news content is that TRON (TRX) has been showing a bullish trend with higher highs and higher lows since breaking through the $0.18 resistance level. The altcoin reached a high of $0.224 but pulled back slightly. It is currently trading above the 21-day SMA support and may continue to trade above the moving average lines but below the $0.22 resistance if it is rejected at the recent high. Key resistance zones to watch are $0.20, $0.22, and $0.24, while key support zones are $0.16, $0.14, and $0.12. The current price action is limited by doji candlesticks formed below the $0.21 resistance level. The analysis and forecast are the personal opinions of the author and readers should do their own research before making any investment decisions.

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