Bitcoin News Today: TRON Defies Downtrend as Peers Tumble in October Sell-Off

TRON (TRX) demonstrated relative resilience during the October 2025 sell-off, with the token hitting a swing low of $0.30 on October 11 but outperforming peers in TRX/BTC terms. On-chain data revealed limited panic selling, as Coin Days Destroyed and exchange balance metrics indicated minimal long-term holder activity, suggesting most selling occurred within exchanges COINOTAG^[1]. Analysts noted that TRX/BTC gained 2.1% on October 11, contrasting with 3.86% and 8.27% declines for ETH/BTC and SOL/BTC, respectively COINOTAG^[1]. The short-term outlook for TRX remains cautiously optimistic, contingent on Bitcoin's direction and exchange flow dynamics.

Technical analysis highlights $0.30 as critical support, with a breach potentially opening the path to $0.26–$0.28 levels COINOTAG^[1]. Resistance above $0.353 remains a key hurdle, as both the 20-day and 50-day EMAs slope downward, and the Money Flow Index (MFI) stays below 50 COINOTAG^[1]. A sustained move above $0.353 would require clearing overhead resistance, while a recovery to $0.33–$0.35 could follow if Bitcoin stabilizes. Weekly charts, however, remain constructive, with TRX approximately 12.57% below its all-time high and avoiding drawdowns exceeding 10% since March 2025 COINOTAG^[1].

Fundamentally, TRON's ecosystem continues to show strength, processing over 2.3 million USDT transfers daily and supporting 334 million accounts Blocknews.com^[2]. On-chain adoption-driven flows have remained stable despite market turbulence, reinforcing TRX's role as a reliable settlement layer. However, governance risks persist, as Justin Sun controls 64% of TRON's circulating supply, raising concerns about centralization Blocknews.com^[2]. Traders, however, have prioritized technical support/resistance levels over long-term governance debates.

Short-term volatility has been tempered by robust daily trading volumes exceeding $1.49 billion, with $0.36 and $0.42 marked as next resistance levels Blocknews.com^[2]. If TRX breaks above $0.36, the path to $0.42 could open, while a failure to hold current levels risks a decline toward $0.28 Blocknews.com^[2]. Long-term projections, including forecasts of $0.73 by October 2025 and $3.55 by 2030, hinge on sustained adoption and favorable macroeconomic conditions Coinpedia.org^[3].

The broader crypto market's October slump, driven by rising inflation expectations and U.S. dollar strength, has also impacted TRX. However, TRX's relative performance against Bitcoin and on-chain resilience position it as a potential recovery candidate if Bitcoin stabilizes COINOTAG^[1]. Analysts emphasize monitoring exchange balances, BTC trends, and Coin Days Destroyed for confirmation of a rebound COINOTAG^[1].