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Amidst global economic tensions, the crypto markets are fluctuating, while TRON's native token TRX stands out with its stable performance.

TRX Increased by 1.25%: High Volume Support Area Raised the Price

TRX has formed a new trading range between 0.269 and 0.273 dollars, recording a 1.25% increase along with strong volume support in this area.

The recent stability of TRX is remarkable despite the uncertainty in the markets caused by increasing trade wars among major economies. While Bitcoin and other major cryptocurrencies have been volatile, TRX's steady rise indicates a growing institutional interest in blockchain projects that stand out due to their practical use cases and high trading volumes.

Technical Outlook: Strong Momentum Supported by Volume

• TRX traded in a range of $0.269–0.273 with a 1.25% change in the last 24 hours. The price maintained its stability with strong buying at key support levels.
• Between 09:00 and 11:00 in the morning, with a trading volume exceeding 120 million, the price climbed from $0.270 to $0.273, and this area was recorded as a high-volume support zone.
• At 23:00, the trading volume exceeded the average, indicating a renewed momentum around 0.272 dollars.
• A mini capitulation occurred at 01:24; TRX experienced a rapid drop from $0.2728 to $0.2721 with a volume of 2.58 million units.
• However, immediately after, between 01:57 and 01:58, a strong purchase of 2.76 million units occurred in the range of 0.2719–0.2720 dollars, and the price climbed back to the level of 0.2724 dollars.

According to technical data, TRX is in a position to maintain its upward trend due to both the resistance it shows at short-term resistance levels and the strong support volume. Analysts indicate that if the price permanently surpasses the resistance of $0.273, TRX could achieve a broader upward movement area.

The continued interest from institutions and the stability shown in the general volatility of the markets places TRX among the tokens that should be monitored in the short term.