TRX on the rise? Targeting $1 - My analysis and the experts' opinions

The current trajectory of TRON 📈

$TRX has shown remarkable progress since the beginning of the year. Starting from a low point of $0.20, it has climbed to $0.36 today, with a recent peak of $0.37.

The examination of the daily chart highlights encouraging indicators:

• Price solidly anchored above moving averages ✅

• Increase in volumes confirming the bullish momentum

• Very promising overall trend

Technical points to observe 🔍

Main resistance: The zone 0.37$ - 0.38$

• A clear breakthrough could propel us towards $0.40 and beyond

Crucial support: Zone 0.32$ - 0.33$

• In case of correction, this is the level to be maintained imperatively.

• As long as we stay above, the trend remains bullish

Outlook for 2025 🚀

Market specialists are considering several scenarios:

• Moderate Projection: Between $0.48 and $0.58 if the market maintains its stability

• Optimistic projection: Some analysts mention a potential of $0.70+

• Ambitious projection: Reaching the dollar is not excluded in the event of a real bullish surge.

My current approach 💡

The technical setup remains significantly favorable to the bulls. I favor:

• Entries on bullish trends

• A rigorous monitoring of key levels

• Increased vigilance on the crossing of $0.38, likely to trigger a strong progression in 2025

In summary: The current situation of TRX offers an attractive risk/reward ratio for long-term investors.

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