TRX Price Rebounds: Trump’s Stablecoin Fuels Bulls’ Hope for $0.30?

The TRON cryptocurrency price saw a surge following the launch of a new USD₵1 stablecoin backed by World Liberty Financial, linked to former President Donald Trump and Justin Sun. This move coincided with TRX hitting resistance near $0.286, fueling optimism among investors. 60% of TRX holders are currently in profit, indicating reduced selling pressure. However, the price is now consolidating, with bulls needing to reclaim $0.286 to regain momentum. On-chain metrics show growing confidence, but a decisive break above this level remains key.