The price of TRON (TRX) is exhibiting volatile behavior and is currently trading within a small range between $0.22 and $0.25. The presence of doji candlesticks has kept the price movement constant. However, on March 9, the bears temporarily broke the moving average lines but stalled above the $0.22 support level. According to price analysis, TRX is expected to reverse and rebound if the support at $0.22 holds. The sideways trend is evident in the flat 50-day and 21-day SMAs, as well as the dominance of doji candlesticks. The key resistance zones are at $0.40, $0.45, and $0.50, while the key support zones are at $0.20, $0.15, and $0.10. TRON's price will likely continue to move sideways as long as doji candlesticks persist. Note that this analysis is based on the author's personal opinions and should not be considered as financial advice. It is advised for readers to conduct their own research before investing.



Other News from Today