TRON (TRX) Tests Key Support at $0.34 as Treasury Boost Meets Technical Headwinds

Quick Take

• TRX currently trading at $0.34 (-0.41% in 24h)
• TRON’s RSI at 46.28 signals neutral momentum despite recent treasury boost
• Tron Inc. doubled treasury to $220M, adding $110M in September 2025

What’s Driving TRON Price Today?

The TRX price action reflects a complex interplay between recent positive fundamentals and technical consolidation. Tron Inc.’s announcement on September 26th to double their TRX treasury to $220 million represents the most significant catalyst, demonstrating institutional confidence in TRON’s long-term prospects. This $110 million boost initially drove TRX price higher by 4%, though momentum has since cooled.

TRON’s achievement of surpassing $80 billion in stablecoin transactions on September 25th reinforces its dominant position in the DeFi ecosystem. This milestone highlights TRON’s utility as a preferred network for stablecoin transfers, which typically supports sustained TRX price appreciation over time.

The September 24th partnerships with Chainlink and Privy add technical infrastructure improvements, though these integrations represent longer-term value propositions rather than immediate TRX price catalysts. While positive for TRON’s developer ecosystem, the market appears to be digesting these developments alongside the more impactful treasury news.

TRX Technical Analysis: Neutral Signals Suggest Consolidation

TRON technical analysis reveals a market in equilibrium, with TRX price finding support near key moving averages. TRX RSI at 46.28 sits firmly in neutral territory, indicating neither overbought nor oversold conditions. This suggests TRON may experience sideways price action in the near term.

TRON’s MACD presents a more cautious picture, with the histogram at -0.0009 indicating bearish momentum despite recent positive news. The divergence between fundamental strength and technical momentum often precedes either a breakout or deeper correction for TRX.

TRON’s Bollinger Bands show TRX trading near the middle band at $0.34, with a %B position of 0.2350 suggesting room for movement in either direction. The narrow band width indicates low volatility, which often precedes significant price moves for TRON.

TRON Price Levels: Key Support and Resistance

TRX faces immediate resistance at $0.35, coinciding with the upper Bollinger Band. A break above this level could target TRON’s stronger resistance at $0.37, which represents the 52-week high. Traders should watch for increased volume on any TRX/USDT breakout attempts.

TRON support levels appear well-defined, with immediate support at $0.33 aligning with the lower Bollinger Band. The more significant TRON support sits at $0.30, which would represent a test of the 200-period SMA at $0.29. This level has historically provided strong buying interest for TRX.

The current TRX price at $0.34 represents a critical pivot point, with equal probability of movement toward either resistance or support based on current technical indicators.

Should You Buy TRX Now? Risk-Reward Analysis

For conservative traders, waiting for a clear break above $0.35 resistance with strong volume offers a better risk-reward setup. The recent treasury boost provides fundamental support, but TRON technical analysis suggests patience may be rewarded with clearer directional signals.

Aggressive traders might consider accumulating TRX near current levels, using the $0.33 support as a stop-loss reference. The risk-reward ratio favors this approach given TRON’s strong fundamental backdrop and the potential for a move toward $0.37 resistance.

Based on Binance spot market data, TRX trading volume of $40.3 million indicates moderate interest, though higher volume would strengthen any breakout attempts. The 24-hour range remaining tight at $0.34 suggests a compression that often precedes volatility expansion.

Swing traders should monitor TRX RSI for moves above 50, which would signal renewed bullish momentum. Combined with the recent treasury expansion, such technical confirmation could drive TRX price toward the next resistance cluster.

Conclusion

TRX price remains caught between positive fundamentals and neutral technical signals, creating a consolidation phase that may resolve within 24-48 hours. The combination of Tron Inc.’s treasury doubling and TRON’s stablecoin dominance provides strong underlying support, though technical momentum indicators suggest patience before major position sizing. Traders should watch for volume expansion and RSI movement above 50 as confirmation signals for the next TRX price direction.

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