TRON (TRX) Surges 8% as $1 Billion Buyback Program Fuels Rally Above $0.33

Quick Take

• TRX currently trading at $0.33 (+1.82% in 24h)
• TRON’s RSI at 64.33 indicates neutral momentum with potential for further upside
• $1 billion buyback program announced alongside record $916M H1 2025 revenue

What’s Driving TRON Price Today?

The TRX price gained significant momentum over the past week following TRON’s announcement of a massive $1 billion buyback program on August 2nd. This strategic move, combined with the company’s bullish market structure, drove an impressive 8% surge that has sustained through current trading sessions.

The buyback announcement builds on a series of positive developments for TRON. On July 31st, TRX maintained stability at $0.33 despite broader market corrections, supported by momentum from TRON Inc.’s historic Nasdaq listing. The public listing marked a pivotal milestone for the ecosystem, with the TRX price responding positively with a 2.71% increase and pushing TRON’s market capitalization to $29.8 billion.

Perhaps most significantly, TRON reported record-breaking performance metrics on July 28th, revealing $916 million in revenue and an $81 billion USDT supply for the first half of 2025. These figures underscore TRON’s growing dominance in the stablecoin market and demonstrate the network’s robust fundamentals supporting current price levels.

TRX Technical Analysis: Bullish Signals Emerge

TRON technical analysis reveals a compelling bullish setup across multiple timeframes. The TRX price currently sits at $0.33, positioned above all major moving averages including the 200-day SMA at $0.26, indicating strong long-term momentum.

TRX RSI readings at 64.33 place the token in neutral territory with room to move higher before reaching overbought conditions. This positioning suggests potential for continued upward movement without immediate selling pressure from momentum indicators.

The TRON Bollinger Bands analysis shows TRX trading near the upper band at $0.33, with a %B position of 0.8347. This positioning indicates TRX is approaching resistance but hasn’t yet reached extreme overbought levels. However, traders should note the slightly bearish MACD histogram at -0.0005, suggesting some near-term momentum divergence.

TRON’s moving average structure remains decisively bullish, with the 7-day SMA at $0.33 above the 20-day SMA at $0.32, which in turn sits above the 50-day SMA at $0.30. This alignment confirms the TRX/USDT pair maintains strong trending momentum.

TRON Price Levels: Key Support and Resistance

Based on Binance spot market data, TRX faces immediate resistance at $0.35, which aligns with both technical resistance and the strong resistance level identified in current analysis. A break above this level could open the path toward TRON’s 52-week high of $0.43.

TRON support levels appear well-established, with immediate support at $0.30 corresponding to the 50-day moving average. This level has proven significant in recent price action and should provide solid buying interest on any pullbacks.

The critical TRON strong support sits at $0.26, matching the 200-day SMA. This level represents a key long-term support that has held firm throughout 2025 and would likely attract significant institutional buying interest, particularly given the recent buyback program announcement.

TRX resistance levels beyond $0.35 extend to previous highs, with the ultimate target being the 52-week high at $0.43. The current TRX price action suggests a measured approach to these levels, supported by strong fundamentals and technical structure.

Should You Buy TRX Now? Risk-Reward Analysis

For aggressive traders, the current TRX price presents an attractive entry point above $0.33, particularly given the strong fundamental backdrop and bullish technical setup. The risk-reward ratio appears favorable with stops below $0.30 and targets at $0.35-$0.37.

Conservative investors might consider dollar-cost averaging into positions, taking advantage of any pullbacks toward TRON support levels around $0.30-$0.32. The combination of the buyback program and record revenue provides fundamental support for patient accumulation strategies.

Swing traders should monitor TRX RSI levels closely, as any move above 70 could indicate short-term overbought conditions requiring caution. The current neutral RSI reading at 64.33 suggests room for additional upside before reaching extreme levels.

Risk management remains crucial given cryptocurrency volatility. Setting stops below $0.30 protects against violation of key support, while the $1 billion buyback program provides an additional fundamental floor for the TRX price.

Conclusion

TRON’s combination of record-breaking revenue, strategic buyback program, and strong technical positioning creates a compelling case for continued upside in the TRX price. With immediate resistance at $0.35 and solid support at $0.30, traders have clear levels for managing positions over the next 24-48 hours. The neutral TRX RSI reading suggests momentum remains healthy, while the sustained trading above all major moving averages confirms the bullish bias remains intact.

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