TRON’s price jumped from $0.328 to $0.365 in a matter of hours on October 29, driven by hackers urgently converting $234 million in USDT into TRX on SunSwap. TRX traded at $0.367 on the platform, above the market price, before the rally was reversed. The token has since fallen 13.4%, and its technical structure remains bearish, with a daily close below $0.3108. However, the MACD indicates that a short-term bounce toward $0.333-$0.352 may be underway, with the $0.33 supply zone potentially triggering a bearish reaction. The projected scenario involves a rebound to $0.33 followed by a possible decline toward $0.30 or even $0.27 in the coming weeks.
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