TRX price is currently hovering around the $0.26 mark. Recent trading volume has surged by over 9%. While the crypto market saw a slight dip, reaching $3.24 trillion after declining by over 2.79%, the fear and greed index remains neutral at 55. This indicates a somewhat cautious market environment with little fear or excitement. Despite this, TRON (TRX) has experienced a brief decline of over 1.07% in the past 24 hours. 📈 📉 📈 📉 💥 Trading volume has significantly increased to $757 million on CMC data, as per recent updates. ⚡️ The asset’s weekly chart is red, while its monthly chart reveals a positive gain of over 8%. This mixed momentum suggests that TRON could see a reversal only after experiencing sustained gains. 🤔 Analysis based on MACD and CMF indicators offers valuable insight: – The Moving Average Convergence Divergence (MACD) line and signal line are below the zero line, indicating a negative sentiment. – The Chaikin Money Flow (CMF) indicator sits at 0.00, highlighting an equal balance of inflow and outflow of money. 💰 💵 💸. If TRON’s support level at $0.2650 fails to hold, the price may plummet towards the $0.25 mark. Conversely, if TRON bulls gain momentum, the price could break through resistance at $0.2737 and potentially soar further toward $0.2770 or above. 🚀 However, a slight bearish pressure is noted in the Bull Bear Power (BBP) reading of -0.0043. Additionally, TRON’s RSI stands at 60.43, signifying moderate bullish momentum.