$TRX TRON Ready to Rip? On-Chain Signals Flash Green for TRX

TRON’s native currency TRX is indicating the formation of strength just above a significant accumulation zone, pointing towards bullish continuation in the event that prevailing conditions continue. With increasing whale accumulation, robust holder profitability, and technical setup still in the works, TRX price seems to be primed for a potential push towards the $0.29–$0.30 resistance region.

TRX Price Near Accumulation Zone

TRX price is now consolidating at the $0.274 level, barely above a pivotal on-chain support cluster of $0.26 to $0.27. Over 14 billion TRX are now staking in this cost-basis cluster, one of the most important support clusters in the new cycle.

This range of accumulation indicates long-term investor confidence and serves as a psychological and structural benchmark for the token. At present, the asset holds above its important trendline that has been in place since March, providing further technical support.

In spite of small adjustments in recent sessions, TRX remains to respect its upward trendline, which has served as dynamic support. This sustained uptrend, combined with consistent support at the Fibonacci levels of $0.27 and $0.28, supports the bullish setup.