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🚀 TRX Daily Analysis: SR Flips & Trendline Support Holding Strong! 🔥
Will TRON Power to New Highs or Face Resistance Again?
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TRON ($TRX) continues to command attention in the crypto market with solid technical behavior on the daily (1D) chart. The price action is forming a compelling story for swing traders, trend followers, and long-term investors alike. Let’s decode the current structure and what it means for the next move. 👇
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📈 🔁 SR Flips in Full Effect – Bulls in Control?
Support-Resistance (SR) flips are textbook signals for trend confirmation. In recent sessions:
✅ Previous resistance around $0.125 flipped into solid support.
✅ Each pullback is getting aggressively bought, signaling strength from bulls.
✅ Volume profiles show consistent accumulation zones near support levels.
This is a classic sign that traders are respecting technical zones, and big players may be defending these levels. 📊
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📉 📐 Trendline Support: The Backbone of the Rally
TRX has maintained a clean ascending trendline since early July:
🟢 Touchpoints on the trendline: July 5, July 20, and August 2.
🔁 Each bounce has led to a higher high, maintaining bullish market structure.
🚀 The trendline is acting as a psychological floor, attracting dip-buyers.
As long as this trendline holds, the bullish momentum is intact. However, if it breaks, we may see a rapid decline toward the next demand zone near $0.115.
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🧠 🤔 Market Psychology: TRX Traders Are Getting Smarter
What’s different this time?
🧩 Smart money is showing up—accumulating on pullbacks, not chasing pumps.
🧠 Fear and greed indicators suggest market sentiment is stable, not overheated.
📊 RSI and MACD still leave room for upward continuation, avoiding extreme zones.
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⚠️ 🧱 Next Resistance to Watch – What’s Stopping TRX?
TRX now faces a key horizontal resistance at $0.132-$0.135.
🔒 Multiple daily rejections in this range signal heavy seller presence.
🔭 Break above with strong volume could initiate a surge toward $0.145+.
❗ A failure here might cause a retest of the trendline or the previous SR flip.
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📌 📊 Technical Checklist: TRX 1D Overview
Indicator Signal
SR Flip ✅ Confirmed
Trendline ✅ Holding Strong
RSI 🟡 Neutral to Bullish
MACD 🟢 Bullish Crossover
Volume 🟡 Steady but needs breakout spike
Momentum ✅ Gradually Building
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🔮 TRX Price Predictions – Scenarios to Watch
🟢 Bullish Scenario:
Breakout above $0.135 with volume → Retest as support → Target $0.145 – $0.155
Probability: High, if trendline support holds.
🔴 Bearish Scenario:
Failure at resistance + trendline breakdown → Fall toward $0.115 – $0.110
Probability: Low to Medium, needs close below trendline.
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🛠️ 📌 Trading Strategy Tips
Swing Traders: Buy near trendline support with stop below it. Target $0.145+.
Scalpers: Watch $0.125 for bounces, $0.132 for potential rejection.
HODLers: If holding long-term, current structure favors continuation as long as higher lows persist.
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🧭 Final Thoughts: TRX Shows Maturity in Price Action
TRON is behaving like a seasoned asset, respecting clean technicals and responding well to market psychology. As long as SR flips hold and the trendline remains intact, TRX could be preparing for its next breakout leg.
💬 Stay alert, manage your risk, and let the charts guide your trades!
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$TRX
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