Is the TRX weekly breakout imminent? The fundamentals and technicals both support the leading stablecoin.

【Crypto World】TRX, as the core bearer of stablecoin settlement, is not to be underestimated. Just look at a set of data — USDT dominates its weekly trading volume with an absolute lead. What supports this behind the scenes? First, the fee burn mechanism continuously drains resources, and second, the staking function keeps evolving. How does it look from a technical perspective? The weekly chart shows a bullish structure has already formed, with the price rebounding from the key support at $0.272, showing a good momentum. However, it’s a bit challenging to break through the psychological barrier at $0.30 recently, but once it does, the upward space opens up — $0.324 and $0.347 are within sight. Of course, risks also exist. If there’s a pullback and it falls below $0.29, the bullish pattern will need to be reassessed.