<ul data-eligibleForWebStory="true"><li>TRON (TRX) is trading at $0.2796 with a 2.58% daily gain, reaching its highest level in months.</li><li>A breakout from the $0.26 resistance confirms a trend reversal supported by strong volume.</li><li>Price targets are set between $0.30 and $0.42, backed by a bullish falling wedge pattern.</li><li>Key support levels to monitor are $0.26 and $0.24 in case of a pullback.</li><li>TRX had been consolidating between $0.22 and $0.26 from January to April 2025, forming a solid base.</li><li>The breakout above the key $0.26 resistance in early May signaled a potential trend reversal, confirmed by increased volume.</li><li>A bullish falling wedge pattern emerged in the technical analysis, indicating a potential upside target near $0.42.</li><li>$0.30 is a significant resistance level to breach, with $0.26 and $0.24 acting as key support levels.</li><li>The current price structure, growing volume, and strong support suggest a bullish outlook for TRX in the short term.</li><li>Maintaining positions above key support levels will be crucial to challenging the $0.30 to $0.42 range.</li></ul>

TRON (TRX) Breaks Out with Force: Eyes Set on $0.30–$0.42 Range

Discover more