• Tron price failed to reach previous peak levels in May 2021 and experienced a bearish reversal at the $0.1442 resistance point.
• The market saw a 27% pullback with multiple weekly bearish candles, resulting in a decline to around $0.1050.
• Despite the decrease, there was strong demand at the $0.1000 support level, encouraging a buy-the-dip sentiment for TRON.
• The combination of the 61.80% Fibonacci retracement level and a consistent support trendline strengthened the bullish momentum at lower prices.
• A morning star pattern emerged, indicating a higher chance of a bullish reversal.
• With buyers active above $0.1000, a reversal rally is expected that could drive TRX price towards $0.1500.
• Conversely, if a reversal rally kicks off from the $0.1200 point, it may lead to a downturn, potentially causing prices to fall back to $0.1000.

KEY LEVELS:

RESISTANCE LEVEL: $0.14500-$0.18000

SUPPORT LEVEL: $0.10000-$0.05000

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