Summary: Tron bulls defend KEY support zone – Can TRX eye $0.40 next?

Published: 18 days and 18 hours ago
Based on article from AMBCrypto

Tron (TRX) is currently navigating a period of consolidation, yet its underlying network strength and the sentiment among traders point towards a potentially bullish future. This cryptocurrency has showcased remarkable resilience and growth since 2020, with its active addresses skyrocketing from hundreds of thousands to nearly four million. This expansion underscores Tron’s strong fundamentals and genuine adoption, particularly within stablecoin and DeFi transfers, reinforcing its long-term bullish structure.

Robust Network Foundations and Price Stability

Despite recent market volatility, TRX has found a crucial support zone around $0.31–$0.32 after breaking below an ascending trendline. This area historically served as an accumulation level where buyers regained control, suggesting cooling selling pressure. Technical indicators like the Stochastic RSI further reinforce this, showing oversold conditions and hinting at a potential short-term bounce. Should buyers successfully reclaim the $0.33 mark, TRX could find a launchpad for a rally towards $0.37. However, a dip below $0.30 might trigger a brief corrective phase before any significant recovery.

Bullish Derivatives Sentiment and Future Outlook

The derivatives market reflects a decidedly optimistic outlook for Tron. Futures Taker CVD data indicates a dominance of buy orders, signaling increasing accumulation and a positive sentiment shift among futures traders. Adding to this confidence, Binance data reveals a strong bullish bias, with 60.47% of total positions being long, resulting in a 1.53 long-to-short ratio. This collective optimism from both spot and derivatives markets suggests traders are positioning for a recovery from current support levels. Combined with robust on-chain activity, if TRX maintains its position above the $0.31 support, a rebound towards the $0.37–$0.40 range appears achievable. This solidifies Tron's strong recovery prospects as the network heads into 2026.

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