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TRON PRICE ANALYSIS & PREDICTION (May 9) – TRX Is Breaking Out Of An Inverse Head and Shoulder Pattern, Poises For A Big Move

  • Tron TRX is displaying signs of strength and is set to reclaim its previous high following a reverse bullish formation on the daily chart.
  • TRX formed an inverse head and shoulder pattern on the daily chart and has broken out of a key resistance level, targeting the $0.14 range.
  • The bulls are likely to gain more dominance in the coming days, with resistance levels at $0.134, $0.144, and $0.155.
  • Key support levels to consider are $0.124, $0.116, and $0.11, with a breakdown possibly reaching the $0.1 level.

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