$TRX

/USDT Technical Analysis Report – 16 June 2025

TRX is demonstrating impressive bullish strength, currently trading at $0.2789, marking a +2.20% gain on the day. With a 24h high of $0.2953 and a low of $0.2692, TRX is pushing against resistance levels while maintaining strong buyer momentum. The volume figures are robust, with TRX volume hitting 1.03B and USDT volume at 287.79M, showing clear institutional and retail interest. The support zone around $0.2690–$0.2736 has proven resilient, while the depth chart suggests steady accumulation at dips—a positive sign for continuation.

Technically, a breakout above $0.2953 could open the gates to a rally toward the psychological $0.30 level, which aligns with broader bullish sentiment in the market. The current price action remains above key moving averages on the 4H chart, and the bullish candlestick structure indicates growing momentum. If bulls hold above the $0.2780–$0.2850 consolidation range, we could witness a breakout wave. Traders should keep a close eye on volume surges and resistance flips—TRX is heating up, and the breakout zone is near!