Tron (TRX) is holding its gains above the $0.1560 support level against the US Dollar. It has outperformed Bitcoin and may experience a fresh increase above $0.1600. Despite recent declines in Bitcoin and Ethereum, Tron has remained stable. The price has climbed above the $0.160 resistance level but has seen a downside correction, dipping below $0.1600. However, it is still trading above $0.1580 and the 100-hourly simple moving average, with a key bullish trend line forming at $0.1585. On the upside, there are resistance levels at $0.160 and $0.1620, with potential further gains towards $0.1650 and $0.1700. If the TRX price fails to clear the $0.1600 resistance, a downside correction could occur, with support levels at $0.1585 and $0.1570.



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