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TRON in the link of ambiguous trading signals: price increase and technical risks
A wave of optimism has swept the TRON (TRX) community following the partnership announcement with Revolut on December 11. The market responded with a literal jump: trading volume surged by 45%, indicating active trader interest in the position. As a result of this volatile movement, the TRX price increased by 4.5% exactly one week ago, while Bitcoin dragged down by 3.2%.
At first glance, the situation looks rosy. But the main hidden danger lies in the technical trading signals, which appear frankly ambiguous. Weekly charts clearly show signs of bearish pressure with key support around $0.259. Four-hour candles paint an even more pessimistic picture, remaining in the red.
The current TRON (TRX) price holds at $0.30 with a daily increase of +0.33%, but this should not be misleading. Recent buying activity creates the illusion of recovery, but experienced traders have already raised the alarm—this could be a classic “bull trap.” Such a scenario often precedes a sharp price reversal, disappointing those who jumped in at the last moment.
For serious trading, it is necessary to wait for clearer signals. For now, the TRX market is balancing between bullish potential and bearish risks, providing a reason for maximum vigilance.