Tron – How TRX’s move to $0.37 depends on THESE levels

Key Points

1. TRX has risen from $0.26 to $0.3393, approaching a key resistance zone between $0.344 and $0.351, with a potential target of $0.371 if resistance is broken.

2. TRON recorded over 8.29 million USDT transactions, with mid-sized transactions ($101-$1,000) making up 39% of activity, indicating commerce-driven growth.

3. 96.38% of TRX holders are 'in the money,' reducing sell pressure and increasing the likelihood of a smooth breakout above $0.35.

4. Derivatives data shows bullish momentum, with volume up 11.77% to $355.86 million and Open Interest rising 6.82% to $554.16 million.

5. The 90-day Spot Taker CVD indicator shows dominant Taker Buy activity, suggesting strong spot market support for TRX's price levels.