19 Nov
19Nov

TRON ($TRX) is capturing investor attention as it holds a tight battleground near the end of 2025. Despite a minor 1.14% dip over the last 24 hours (price near $0.289), the altcoin—with a market cap of $27.39 billion—is showing early signs of momentum that could push it toward the coveted $0.40 target.

Technical Battleground: $0.292 to $0.294

TRX is currently moving within a narrow, high-stakes corridor:

  • Immediate Resistance: $0.294. A clean break here opens the door to the psychological $0.30 level.
  • Immediate Support: $0.292. A slip below this level risks a slide back toward buyer support at $0.28.

Momentum Shifts Favoring Bulls

Zooming out, the technical picture suggests a trend shift is underway:

  • EMA 200 Test: TRX is currently hovering around the EMA 200 ($0.301–$0.305), a crucial zone. Reclaiming and holding this range is a strong signal that bulls are consolidating their position.
  • MACD Bullish Crossover: The MACD indicator has printed a bullish crossover (MACD line above the signal line), one of the most reliable early signs that short-term upward momentum is building and buying pressure is returning.

The True Test: The $0.320 Breakout

All signs of momentum hinge on one critical zone: $0.315–$0.320.

  • This is a known supply area where TRX has faced strong rejection previously.
  • For the long-term target of $0.40 to become a reality, TRX must smash through the $0.320 level with conviction, clearing the path to subsequent resistance levels at $0.34 and $0.36.

While the fundamental narrative (steady network activity, growing sentiment) and technical signals (bullish MACD, EMA 200 flirtation) are aligning positively, the coming days near the $0.30 mark will determine if TRX can execute the breakout needed for a sustained rally.

November 2025, Cryptoniteuae

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