TRON [TRX] price surge imminent? – These KEY signs say yes
2025-07-06 01:11:59
Main Idea
TRON (TRX) shows signs of a potential price surge due to increased network activity and favorable market conditions, but traders should be cautious of volatility and resistance levels.
Key Points
1. TRON's daily transaction count doubled from September 2023, reaching 9 million, boosting network revenue.
2. 98% of TRX holders are currently in profit, with a strong demand zone identified between $0.24-$0.28.
3. Exchange Net Position Change indicates TRX accumulation, a bullish signal, with past accumulation preceding price rallies.
4. Key resistance levels at $0.2945 and $0.295-$0.3 could trigger price movements, but may also lead to bearish reversals.
5. The liquidity heatmap suggests a potential rally, but traders should be wary of profit-taking and liquidation clusters.
Description
TRON traders have good reason to be bullish, but should be prepared for volatile price action around the range high.
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