Tron (TRX) Price Analysis: Bulls Eyeing Next Bullish Break

Tron price jumped above $0.0200 and traded to a new 2020 high at $0.0237 against the US Dollar. TRX price is currently correcting lower and trading nicely above the $0.0205 support area. There is a major contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex). The bulls are likely…