Tron (TRX) is experiencing a recovery rally as the broader market gains momentum. The price has risen by 5.18% over the past four days and is currently trading at $0.1685. With a rounding bottom reversal pattern and a rising wedge formation, TRX is poised for a breakout rally. The total value locked and transaction volumes on the Tron network have been increasing, indicating growing demand for TRX. Technical indicators such as the MACD and SMAs also suggest a bullish trend. If the breakout occurs, TRX could reach targets at $0.1621 and $0.1959, with the possibility of crossing the $0.20 level. On the downside, failure to break through the 38.20% Fibonacci level could lead to a pullback to the rising support trend line near $0.1650.



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