DeGRAM | TRXUSD is preparing for a rebound

Aug 22

📊 Technical Analysis
● TRX is consolidating inside a rising channel, bouncing strongly from the $0.3500 support area while eyeing resistance near $0.3627.
● Price action suggests a potential retest of lower channel support before resuming upward momentum toward $0.3688, confirming bullish continuation.

💡 Fundamental Analysis
● Recent news highlights TRON’s network leading in stablecoin transfers, with USDT activity surpassing Ethereum, boosting demand for TRX and reinforcing its utility.

✨ Summary
Long above $0.3500; breakout toward $0.3627 and $0.3688 expected. Invalidation below $0.3500.

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Aug 25

Trade closed: target reached

Closed +3.1%