TRON Fluctuates When Resistance Is Reached At $0.124

TRON experienced a fluctuation in its price when it reached resistance at $0.124. The cryptocurrency had previously recovered from a decline but failed to break through the $0.144 resistance, which would have signaled a bull market. Currently trading at $0.110, TRON has been trading sideways between the $0.110 and $0.124 levels since March 19, 2024. Once this range is breached, a new trend will emerge. TRON’s price bars are currently below the moving average lines, indicating a bearish crossover, but the selling pressure has eased above the $0.110 support. Key supply zones are at $0.09, $0.10, and $0.11, while key demand zones are at $0.06, $0.05, and $0.04. In the short term, TRON is expected to continue fluctuating within a narrow range of $0.116 to $0.124. It’s important for readers to conduct their own research before making any investment decisions.