TRON (TRX) is trading at $0.2927, experiencing a 1.9% decline over the past 24 hours as bearish sentiment prevails. The cryptocurrency's price has ranged between $0.2995 and $0.2884, with a 24-hour trading volume surpassing $1.03 billion. Technical analysis reveals a Bollinger Bands squeeze and a bullish MACD crossover, indicating potential volatility. A move towards $0.31 is possible if TRX breaks above the upper Bollinger Band. Key resistance is noted at $0.298, a critical level for potential short squeezes, while liquidation data also highlights $0.286 as a significant level.