In the midst of market ups and downs, TRON is bucking the trend with a bullish run since last Friday, spurred by Bitcoin's fourth halving. From $0.105 to $0.115, TRX has seen a 10.5% boost, hinting at potential further growth as it eyes a monthly resistance point.

Despite a bearish mid-term trend, TRON's resilience is evident, with a dynamic resistance trendline guiding it downwards from $0.144 to $0.104 over two months, marking a 27.2% decline. However, finding support at the 38.2% Fibonacci retracement level at $0.105 during Bitcoin's halving injected renewed buying interest, pushing the price back up to $0.115.

Adding fuel to the bullish fire is a significant uptick in Tron's network activity, with daily active addresses climbing by 37% to 2.27 million, highlighting a growing engagement with the platform.

If this positive momentum persists, TRX could break through overhead resistance, potentially aiming for targets at $0.12 and $0.144. Technical indicators such as the 200-day Exponential Moving Average being reclaimed by TRX and the bullish signal from the Relative Strength Index suggest a strong buying momentum, setting the stage for potential recovery.

In conclusion, TRON's recent surge, fueled by increased network activity and positive technical indicators, signals potential for further growth and a path towards recovery in the TRX price.