TRON's price has regained strength after bouncing off a key support zone. According to Crypto Yoda, the TRON price is picking up its technical legs as it bounces off an important demand zone from where it last saw its major surge.
This area seems to attract buyers' attention all the time, signaling that accumulation might be happening. The technical chart suggests buyers are managing to defend the support levels and stabilize the downtrend for TRON's price.
In case the TRON price sustains this level, it can mean that the next stage of the uptrend formation is imminent. This could open the door towards further resistance levels around $0.38-$0.40, a supply area from which traders can take their profits.