Tony Kim
Aug 18, 2025 11:50
** TRX trades at $0.35 with bullish momentum from Binance-T3 partnership and record buyback program, though facing key resistance levels ahead.
**
Quick Take
• TRX currently trading at $0.35 (-1.84% in 24h)
• TRON technical analysis shows very strong bullish trend with TRX RSI at 58.28 in neutral territory
• $1 billion buyback program and Binance-T3 partnership driving positive momentum despite minor daily correction
What’s Driving TRON Price Today?
TRON’s recent price action reflects a tug-of-war between bullish fundamentals and technical resistance. The TRX price has been primarily supported by a massive $1 billion buyback program announced this week, which has contributed to TRON approaching its eighth consecutive weekly gain with a 15% increase.
The most significant catalyst has been the strategic partnership between Binance and T3, positioning TRON for a potential 20% price surge according to recent analysis. This partnership comes at a crucial time as TRX trades at $0.3685, just 18% below its all-time high of $0.44.
Adding to the bullish narrative, Tron Inc. reported exceptional Q2 2025 financial results with net income of $1,467,855, representing a dramatic turnaround from the previous year’s loss of $520,971. The company’s shareholders’ equity has surged over 3,500% year-over-year to exceed $111 million, demonstrating the network’s robust financial foundation.
However, despite these positive developments, the TRX price faces immediate resistance at current levels. The network has processed over $2 billion in stablecoin inflows, with TRON handling $600 billion in stablecoin transactions monthly, primarily driven by USDT dominance and its low-cost blockchain infrastructure.
TRX Technical Analysis: Bullish Signals Emerge Despite Short-Term Headwinds
Based on Binance spot market data, TRON technical analysis reveals a predominantly bullish setup with some near-term caution signals. The TRX RSI sits at 58.28, indicating neutral momentum with room for further upside before entering overbought territory.
TRON’s moving averages paint a clear bullish picture across all timeframes. The TRX/USDT pair trades above its 7-day SMA at $0.35, 20-day SMA at $0.34, 50-day SMA at $0.32, and significantly above the 200-day SMA at $0.27. This alignment suggests strong underlying trend momentum supporting the TRX price.
However, TRON’s MACD histogram shows a slight bearish divergence at -0.0005, indicating some short-term momentum cooling. The MACD line at 0.0100 remains above the signal line at 0.0105, but the narrowing spread suggests traders should monitor for potential momentum shifts.
TRON’s Bollinger Bands reveal the TRX price is positioned at 0.6343 between the bands, closer to the upper band at $0.36 than the lower band at $0.32. This positioning suggests TRON is in a bullish phase but approaching potential resistance levels.
TRON Price Levels: Key Support and Resistance
The TRX price structure shows critical levels that will determine near-term direction. TRON support levels are well-established with immediate support at $0.32 aligning with the 50-day moving average and Bollinger Band lower boundary. This level has proven significant during the recent rally and represents a key area for potential buying interest.
Stronger TRON support sits at $0.28, which coincides with previous consolidation areas and would represent a more substantial pullback. A break below this level could signal a deeper correction in the TRX price.
On the upside, TRX resistance appears immediately at $0.37, which has capped recent advances and represents the critical level for continuation of the bullish trend. Breaking above this resistance could open the path toward the psychological $0.40 level and potentially challenge the all-time high at $0.44.
The current pivot point at $0.35 serves as a key reference level, with TRON currently testing this area after the recent 1.84% daily decline.
Should You Buy TRX Now? Risk-Reward Analysis
For aggressive traders, the current TRX price setup offers an attractive risk-reward proposition. The combination of fundamental catalysts including the $1 billion buyback program and technical positioning above key moving averages suggests potential for testing higher resistance levels. Entry near current levels with a stop-loss below $0.32 provides a reasonable risk management framework.
Conservative investors might wait for either a deeper pullback to the $0.32 support level or a confirmed break above $0.37 resistance before establishing positions. The TRX RSI in neutral territory provides flexibility for both approaches.
Swing traders could benefit from the current consolidation pattern, with clear support and resistance levels offering defined entry and exit points. The 24-hour trading range between $0.34 and $0.36 provides guidance for short-term position management.
Risk management remains crucial given the recent 26% rally over 90 days. While TRON’s fundamentals appear strong, the $2.95 million outflow noted in recent analysis suggests some profit-taking pressure that could weigh on the TRX price in the near term.
Conclusion
TRON presents a compelling but nuanced opportunity as the TRX price consolidates near key resistance after substantial gains. The combination of the Binance-T3 partnership, record buyback program, and strong financial results provides fundamental support, while technical indicators suggest room for additional upside despite some momentum cooling. Traders should focus on the $0.37 resistance level as the key determinant for TRON’s next directional move over the next 24-48 hours, with $0.32 serving as critical support for maintaining the bullish trend structure.
Image source: Shutterstock
Source: https://blockchain.news/news/20250818-tron-trx-price-analysis-testing-037-resistance-after-26-rally