CandleFocus TRON Finds Support Above $0.153 Despite Slide
2024-10-07
Author: Content Editor
TRON (TRX) is currently trading within a narrow range of $0.145 to $0.16 and has retraced above the moving average lines. The cryptocurrency has been in a sideways trend since the end of the upward trend on August 25. The price has been trading above the support level of $0.145 but below the resistance level of $0.17. If the bears break the moving average lines, TRON could fall to a low of $0.139. However, if it finds support above the moving average lines, the trend may continue. The key resistance zones are $0.13, $0.14, and $0.15, while the key support zones are $0.10, $0.09, and $0.08. TRON is currently trading below the $0.158 mark and the altcoin's price range is $0.152 to $0.158. Buyers have tested the $0.158 mark three times but have been unable to sustain bullish momentum above that level.
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