Tron (TRX) jump go $0.34, dey target $0.45 for bullish momentum
Tron (TRX) don burst pass im key $0.30 resistance come climb reach $0.34 after e hold gidigba between $0.20 and $0.30. Mayer Multiple wey be 1.28 show say the price dey 28% pass the 250-day moving average, while RSI wey near 68 dey show strong buying pressure but e never reach overbought zone. Derivatives funding rates still dey slightly positive at 0.01%, dey show say futures traders dey reason well but cautious. Social dominance don rise reach 1.10%, mean say more people dey talk market matter about TRX. Long/short ratio na 0.90 with 52.5% positions na short side, e fit cause short squeeze if the price continue dey go up. Technical momentum and steady sentiment fit push am go 32% rally to $0.45. Traders suppose dey watch resistance levels, RSI, funding rates, plus positioning stats to sabi if TRX breakout go stand gidigba.
Bullish
To break pass di $0.30 resistance go reach $0.34, wey Mayer Multiple of 1.28 and RSI near 68 back am, e dey confirm say TRX get solid bullish momentum wey go last. Small positive funding rates plus social dominance wey dey rise show say di mindset balance but optimistic for derivatives traders and di koko crypto community. Di moderate short bias plus long/short ratio wey dey below 1.0 fit trigger short squeeze, wey fit boost di upside short term. For long term, di continued technical strength plus stable sentiment fit make TRX test $0.45, wey go strengthen di bullish outlook. Traders suppose dey monitor funding rates, resistance levels, RSI, and positioning metrics for signs say momentum wan continue or maybe e go do small pullback.