Analyzing TRON’s 8.8% surge – TRX could hit new highs IF…

Key Points

1. TRON's price surged 8.85% since July 15, while Bitcoin dropped 3.5% and Ethereum rose 15.38% in the same period.

2. TRX showed a stronger correlation with Ethereum (0.94) than with Bitcoin (0.74).

3. The $0.32 support zone acted as a rebound point, with bullish indicators like trading volume above the 20-day moving average and CMF above +0.05.

4. A break above $0.35 could push TRX to a new all-time high, but a drop below $0.32 may signal short-term bearishness.

5. The 4-hour chart showed muted momentum, but the 50-period moving average and $0.32 demand zone suggested potential for a bullish reaction.