This summary text is fully AI-generated and may therefore contain errors or be incomplete.
TRON’s recent rally has come to an end, with the altcoin peaking at $0.11 before facing resistance and selling pressure. Currently, TRON is trading at $0.097, below the 21-day simple moving average but still above the 50-day SMA. If the bears break below the 50-day moving average, the market could drop to a low of $0.080. TRON is currently trading between $0.096 and $0.11, with the first resistance at $0.10. The altcoin’s price has fallen below the moving average lines on the 4-hour chart, indicating a horizontal trajectory. It is important to note that this analysis and forecast are the personal opinions of the author and should not be viewed as a recommendation to buy or sell cryptocurrency. Readers should conduct their own research before making any investment decisions.