The price of TRON (TRX) has been experiencing significant upward movement, reaching a high of $0.101 on November 2. This surpasses the previous high and indicates a bullish trend. However, the cryptocurrency has entered the overbought zone, which suggests that a market correction may occur. If the bullish momentum fails to break the high at $0.100, TRON is expected to fall and retest the previous low above the $0.090 support level. If this support holds, TRON will likely resume its sideways movement, with the price fluctuating between $0.090 and $0.100. On the other hand, if the bears push the price below the moving average or support at $0.090, the downtrend will continue. The price bars for TRON are currently moving upwards along the moving average lines, with the 21-day SMA serving as a support or resistance line. Although TRON has entered an overbought zone, it is important to note that in a market with a strong trend, an overbought condition may not last. The key resistance zones for TRON are $0.07, $0.08, and $0.09, while the key support zones are $0.06, $0.05, and $0.04. Given the current overbought condition and the altcoin’s retracement towards the moving average lines, further gains for TRON are unlikely. However, if the altcoin manages to hold above the moving average lines, the uptrend could resume. Conversely, if the price falls below the moving average lines, the trend could stall. It is worth noting that the price of TRON has been stuck at a high of $0.94 since October 23. This analysis and forecast are the personal opinions of the author and should not be considered as a recommendation to buy or sell cryptocurrency. Readers are advised to conduct their own research before making any investment decisions.