As bullish sentiment gains traction, traders are focusing on altcoins with breakout potential for the week ahead. Tron (TRX) and Ondo (ONDO) are emerging as quiet contenders positioned at key technical levels.
Tron (TRX): Quiet Strength with Breakout Potential
Tron (TRX) has demonstrated impressive stability amid recent market fluctuations, consistently holding within the $0.25–$0.29 range. While short-term movements show minor dips, TRX has quietly gained nearly 5% over the past six months, a sign of steady investor confidence. With bullish sentiment building across the broader market, TRX could be on the verge of breaking key resistance at $0.31. A successful breakout may set the stage for a run toward $0.35, delivering a potential 16% upside. Strong support around $0.24 adds an extra layer of confidence for traders eyeing a strategic entry.
Ondo (ONDO): Reversal Setup with 40%+ Growth on the Horizon
Despite recent price pressure, Ondo (ONDO) is shaping up as a strong contender for a bullish reversal. Currently consolidating between $0.60 and $0.80, ONDO is approaching a critical resistance zone at $0.93. A break above this level could open the path to $1.15, offering more than 40% growth from current levels. The project’s long-term narrative remains compelling, and with many altcoins bouncing back, ONDO could quickly become one of this week’s surprise gainers if momentum shifts in its favor.
Conclusion: Attention on Tron and Ondo
The resilience of Tron near resistance and Ondo's looming breakout setup make both coins worthy of close attention this week. These tokens offer strategic entry points, whether one is seeking short-term upside or early signals of momentum rotation as the bull cycle matures.
In light of the potential offered by Tron and Ondo, keeping a keen eye on these altcoins may prove advantageous as market dynamics evolve.