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Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure

  • Tron (TRX) has been trading in a tight consolidation range despite the bullish momentum seen in Bitcoin and other major cryptocurrencies.
  • Investors and analysts see Tron as a potential breakout candidate due to its strong fundamentals and recent on-chain data showing a re-entry into a buying pressure zone.
  • Tron's resilience and strong on-chain fundamentals position it well for potential upside as altcoins like TRX are still lagging behind Bitcoin's performance.
  • On the technical analysis front, Tron is consolidating near critical levels, with support at $0.26 and resistance at $0.28, awaiting a breakout above $0.28 to potentially rally towards $0.30 and beyond.

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