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(TRXUSDT) fell from 0.3680 to 0.3526 in 24 hours amid high-volume bearish pressure.
• A strong bearish engulfing pattern emerged near 0.3680, signaling short-term bear momentum.
• Volatility expanded sharply post-0.3655, with price dropping below 20-period MA and into oversold RSI territory.
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Bands widened significantly, indicating a potential consolidation or reversal phase.
• Downtrend remains intact, but Fibonacci 38.2% retracement at ~0.3575 may test near-term support.
24-Hour Price and Volume Summary
Tron (TRXUSDT) opened at 0.3654 on 2025-08-24 at 12:00 ET, reached a high of 0.3680, and closed at 0.3518 on 2025-08-25 at 12:00 ET, with a low of 0.3516. Total volume over 24 hours was 335,770,618.54, and notional turnover reached ~$101.7 million (TRXUSDT average ≈ $0.3525).
Price Structure and Key Patterns
The 24-hour candlestick data shows a large bearish trend, driven by a powerful engulfing pattern at 0.3680, confirming bearish sentiment. A doji formed near 0.3540–0.3545 on 2025-08-25 at 08:00 ET, suggesting indecision. Key support levels appear to be forming at the 0.3515–0.3520 zone and the 0.3480–0.3500 Fibonacci level. Resistance remains at 0.3575–0.3600, based on recent retracement levels and failed bullish attempts.
Moving Averages and Trend Direction
On the 15-minute chart, the price closed below both 20-period and 50-period MAs, confirming bearish momentum. The 50-period MA currently sits at ~0.3530, acting as a key short-term hurdle for buyers. On the daily timeframe, the 100-period MA is around 0.3540, while the 200-period MA is near 0.3555. A break above the 50-period MA may spark a temporary rally but is unlikely to sustain a reversal without volume confirmation.
Momentum Indicators: MACD and RSI
The RSI dropped to oversold territory near 30 during the afternoon of 2025-08-25, indicating a possible bounce. However, the MACD remained in negative territory, with a bearish crossover in the morning hours. Momentum has not shown a strong reversal signal, suggesting that bears are still in control. A bullish divergence in RSI could hint at short-term stabilizing pressure, but confirmation is needed.
Bollinger Bands and Volatility
Bollinger Bands showed a significant expansion after the breakdown below 0.3655, with the price closing well below the lower band. This indicates high volatility and bearish continuation potential. A consolidation phase could follow, but only after the price tests and holds above the 0.3520–0.3530 level.
Volume and Turnover Analysis
Volume spiked notably in the 19:45–20:00 ET window (2025-08-24) and again in the 00:45–01:00 ET window on 2025-08-25, coinciding with key breakdowns. Turnover confirmed the bearish breakdowns, with high-volume bearish candles driving price below key support levels. Divergence between price and volume was not observed, reinforcing the bearish narrative.
Forward-Looking View and Risk
Tron could face a near-term bounce attempt around 0.3520–0.3535, but without strong volume or bullish confirmation, the downtrend may resume. Traders should watch for a test of the 0.3480 Fibonacci level as a deeper risk scenario. Break above 0.3550 may indicate weakening bearish pressure, but caution is warranted due to the prevailing bearish momentum and oversold conditions.
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