$TRX
$🚨 TRON (TRX) HAS A BIG PROBLEM — DESPITE RECORD NETWORK GROWTH 👀
TRON is sending a mixed signal in September.
On one side, the network is stronger than ever:
💰 $91.8B in USDT is now on TRON
👥 401M total accounts
🔥 USDT supply on TRON grew 2.28% in one month
⚡ TRON continues to process massive stablecoin activity
But here’s the surprising part…
📉 TRX is struggling technically.
TRX recently broke out of a seven-month ascending structure, but the move failed around $0.3518.
The token has now slipped below the $0.3230 Fibonacci level.
According to the technical setup, a confirmed break below this area could open the door toward $0.3067 — roughly 5% lower.
And there’s another important signal:
📊 RSI is around 34, its lowest level since mid-June, suggesting sellers still have room to push the price lower.
But bulls aren't out of the game.
🔥 If TRX can reclaim $0.3359, the next potential targets are:
➡️ $0.3518
➡️ $0.3612
Meanwhile, TRON is also targeting the launch of its quantum-resistant mainnet technology, adding another potential catalyst for the ecosystem.
So here's the BIG question:
How can TRON's network activity be hitting records while TRX remains around 25% below its all-time high?
🚀 Strong fundamentals waiting for a breakout?
OR
⚠️ A warning that network growth isn't automatically translating into token value?
September could be a major test for TRX.
What do you think — BULLISH or BEARISH? 👇
#TRX #TRON #Crypto #Blockchain #USDT #Altcoins #BinanceSquare
$🚨 TRON (TRX) HAS A BIG PROBLEM — DESPITE RECORD NETWORK GROWTH 👀
TRON is sending a mixed signal in September.
On one side, the network is stronger than ever:
💰 $91.8B in USDT is now on TRON
👥 401M total accounts
🔥 USDT supply on TRON grew 2.28% in one month
⚡ TRON continues to process massive stablecoin activity
But here’s the surprising part…
📉 TRX is struggling technically.
TRX recently broke out of a seven-month ascending structure, but the move failed around $0.3518.
The token has now slipped below the $0.3230 Fibonacci level.
According to the technical setup, a confirmed break below this area could open the door toward $0.3067 — roughly 5% lower.
And there’s another important signal:
📊 RSI is around 34, its lowest level since mid-June, suggesting sellers still have room to push the price lower.
But bulls aren't out of the game.
🔥 If TRX can reclaim $0.3359, the next potential targets are:
➡️ $0.3518
➡️ $0.3612
Meanwhile, TRON is also targeting the launch of its quantum-resistant mainnet technology, adding another potential catalyst for the ecosystem.
So here's the BIG question:
How can TRON's network activity be hitting records while TRX remains around 25% below its all-time high?
🚀 Strong fundamentals waiting for a breakout?
OR
⚠️ A warning that network growth isn't automatically translating into token value?
September could be a major test for TRX.
What do you think — BULLISH or BEARISH? 👇
#TRX #TRON #Crypto #Blockchain #USDT #Altcoins #BinanceSquare
