TRON bearish toward $0.319 despite treasury boost
TRON (TRX) slipped below key supports at $0.344 and $0.333 over the past two weeks, trading at $0.3313 with a 2.07% 24-hour drop. Daily volume rose to $885.36 million, showing active participation despite selling pressure. On-chain metrics weakened: TVL fell from $6.28 billion to $6.009 billion, chain revenue slid from $6.68 million to $5.33 million, and trading volume halved to $4.51 billion. Technical indicators reinforce a bearish outlook. A hammer pattern on the daily chart and an ADX of 29.42 suggest strong downward momentum. If TRX remains below $0.333, it could test $0.319 next, and potentially $0.297.
Contrasting the bearish trend, trader sentiment shows strength in longs. The Long/Short ratio hit 1.2406, the highest since August 2025, with 55.37% of positions long. Additionally, Bravemorning Limited injected $110 million into Tron Inc.’s treasury by exercising warrants, adding 312.5 million TRX and boosting holdings to over $220 million. This move signals long-term confidence but has yet to reverse the bearish price action.
Bearish
The combination of weakening on‐chain metrics—declining TVL, chain revenue and trading volume—and a recent support breach at $0.333 signals sustained downward pressure on TRON. Technical markers, including a hammer candle and an ADX of 29.42, confirm strong bearish momentum. Although a $110 million treasury injection boosts long-term confidence and has driven up the long/short ratio to 1.2406, past market behavior shows that fundamental injections often take time to influence price direction. In the short term, intensified selling could push TRX toward $0.319 or even $0.297. Over the long term, the treasury boost may underpin a floor, but immediate market trends remain bearish.