Tron (TRX) is currently trading at approximately 0.22 USD, successfully holding above 0.20 USD. However, strong resistance levels may challenge its growth, influenced by market sentiment.

The In/Out of Money Around Price (IOMAP) shows that at 0.23 USD, 3.34 million addresses hold 3.33 billion TRX at a loss, indicating a possibility of selling pressure if this price is approached again.

Bearish signals are observed in the Moving Average Convergence Divergence (MACD) analysis, showing diminished upward momentum. The Fibonacci retracement suggests a critical support around the 0.236 level, with potential for gains to 0.27 USD if resistance is surpassed.