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TRON (TRX/USD) Market Prepares For Bullish Continuation Amid Consolidation Phase

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TRON (TRX/USD) Market Prepares For Bullish Continuation Amid Consolidation Phase

TRON Price Prediction – September 28

TRXUSD Market prepares for bullish continuation amid consolidation phase. TRXUSD has maintained a constructive upward bias, with price action stabilizing above the $0.330 region in alignment with the 9-day SMA (Simple Moving Average).

The MACD (Moving Average Convergence Divergence), though currently muted, shows signs of bottoming, suggesting underlying momentum remains intact despite recent sideways pressure. Market participants appear to be consolidating positions, indicating sustained confidence in the broader uptrend.

TRX/USD Market Key Levels:

Resistance Levels: $0.3650, $0.3860, $0.4130
Support Levels: $0.3290, $0.2820, $2520

TRON (TRX/USD) Market Prepares For Bullish Continuation Amid Consolidation Phase

TRX/USD – Daily Chart

The TRXUSD daily chart shows that the market is in an accumulation phase.

From a technical standpoint, the pair is forming a contracting triangle pattern, bounded by resistance near $0.360 and ascending support from $0.330. Historical demand zones at $0.330 and $0.300 have repeatedly attracted buyers, reinforcing their relevance as critical inflection points. The consistent series of higher swing lows reflects orderly accumulation, while resistance tests near $0.370 highlight the threshold that must be breached for trend extension.

TRX Technical Outlook: Watching the Trendline Reclaim

According to the tweet, TRON (TRX) continues to respect a well-defined ascending trendline, showcasing a measured pace of price movement. The recent pullback reflects controlled selling pressure rather than a structural breakdown. Should TRX reclaim its trendline support, it would validate the broader bullish setup and open the door for another accumulation phase. A sustained move back above this level could offer traders an attractive entry point, with the trendline acting as a springboard for potential continuation.

What is the likely projection of TRXUSD?

Looking ahead, TRXUSD is well positioned to break above the $0.360–$0.370 resistance zone, paving the way toward the $0.38 target and potentially extending to $0.410 in the medium term. Should the market experience interim pullbacks, support levels at $0.330 and $0.300 are expected to provide stability, keeping the overarching bullish structure intact. The broader technical landscape favors upside continuation as long as price remains above the $0.320 handle.

TRON (TRX) Current Statistics
The current price: $0.3360
Market Capitalization: 31,720,000,000
Trading Volume: $415,210,000

You can purchase TRON here. Buy TRX

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