TRON (TRX): Bearish Momentum Continues as Price Approaches Key
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🔥 Potential Price Targets for Next Month: 🩸 Near-term Goal: $0.24 🩸 Long-term Goal: $0.19
🔥 FinCaesar's Strategy: 🩸 Short: Below $0.25, targeting $0.24 and $0.19. Bearish MACD momentum and consistent selling pressure suggest further declines. 🩸 Long: Above $0.28, aiming for $0.30 and $0.32. A reversal would require significant bullish volume, which remains uncertain.
🔥 FinCaesar's Commands: 🩸 Resistance: $0.28 — A critical level for bullish momentum to challenge. 🩸 Support: $0.19 — A breakdown below this level could signal further downward movement.
TRON remains in a bearish setup, with MACD showing weakness and the price failing to break above resistance. A failure to hold $0.19 may lead to deeper declines in the coming month.
👑 "Victory comes to those who act decisively—don't hesitate." — FinCaesar