TRON Price Surge: Overbought Signals & Potential Support Levels

The price of TRON (TRX) has been experiencing a strong uptrend recently, with the bulls showing no signs of surrender. Trading volume has surged by almost 70% in the past 24 hours, suggesting increased interest from traders, particularly those looking for short-term opportunities. As of writing, TRX is trading at $0.3582. 4-hour chart analysis shows TRX price firmly above the 30-period EMA at $0.3522. This line has acted as a safety net, catching every dip and keeping the upward trend intact. Recent moves have been characterized by “break of structure” signals – a clear indication of buyers taking control and pushing prices to new highs.