TRON (TRX) is maintaining its position above a crucial ascending trendline support, indicating potential for a bullish rebound. SunSwap's total transactions surpassed 30,000 in September, highlighting robust demand for stablecoin settlements. Additionally, exchange outflows of $4.79 million and Futures Taker CVD data showing taker buy dominance further bolster the bullish outlook.
Currently trading near $0.33, TRX faces resistance at $0.3526 and $0.3700. A breakout above $0.37 could pave the way for a rally towards $0.40, as market indicators suggest strengthening investor confidence.
TRON (TRX) Holds Support as Bullish Signals Emerge
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