TRON Price Eyes 10% Rally After $0.303 Breakout Test
TRON price has shown relative strength versus Bitcoin, trading near $0.299 as it challenges the downtrend from August. A daily close above $0.298 would confirm a bullish structure shift for TRON price.
On lower timeframes, an ascending channel is in place with on‐balance volume (OBV) and RSI readings signaling strong buying momentum. Former resistance at $0.29 is now acting as support, while a drop below $0.296 would invalidate the bullish thesis.
Liquidation heatmaps reveal liquidity clusters at $0.303 and $0.328. A sustained break above $0.303 on high volume could trigger a 10% rally toward $0.328.
On-chain data also points to growing activity, with a rise in active TRX addresses. Traders should watch for volume spikes and sustained buying above $0.30 to confirm a breakout.
Bullish
Technical indicators across daily and lower timeframes point to a bullish outlook for TRON price. A close above $0.298 would shift the structure, while OBV and RSI confirm buying momentum. Key support at $0.296 limits downside risk. Liquidity clusters at $0.303 and $0.328 mark target zones; a breakout on high volume could drive a 10% rally. On-chain data showing rising active addresses further supports upward potential.