🚀 #TRON ($TRX ) – Can it hit $0.4 next?
TRX is currently trading at $0.357, down 2.12% over the last 24 hours. But despite the dip, on-chain and derivatives data hint that a rally toward $0.4 could be in sight — unless weakening futures positions drag it back toward $0.33.
📈 Why bulls still have hope:
Futures Volume Bubble Map is sitting in the neutral zone, meaning the market isn’t overheated. Historically, when TRX was here before, it had room for big moves — the last time was December 2024 when it rallied from $0.26 to $0.45.
Spot market demand is strong. The Spot vs Perp Premium is positive (+0.0014), showing that buyers are stepping in organically, not just traders chasing leverage.
RSI at 74 keeps TRX in bullish territory, flirting with overbought levels — a sign of strong momentum.
⚠️ What’s holding it back:
Open Interest (OI) has slipped from $340M to $313M in recent days — a $27M drop, suggesting some long holders are exiting.
However, the Funding Rate remains positive (0.01%), indicating that strong longs are still in control, while weak hands are leaving quietly.
If spot buying continues and strong longs hold, TRX could reclaim $0.37 and make a push toward $0.4 in the short term. But if spot buyers ease up and OI keeps falling, a pullback toward $0.33 is on the table.
With spot buyers still bullish but futures longs exiting slowly, do you believe TRX will push past $0.4 soon, or are we about to see a dip back to $0.33?
