TRON/Tether Market Overview – October 11, 2025

• TRON/Tether (TRXUSDT) posted a 24-hour low of 0.3161, rebounding to close near 0.3191, amid mixed price consolidation.
• Volume surged during the sell-off phase but declined on the rebound, hinting at waning bearish momentum.
• RSI moved closer to neutral territory, while MACD flattened, suggesting momentum divergence.
• A key 0.3161 support level held, but volume was weak on the bounce, raising questions about strength.
• Bollinger Bands widened during the drop, indicating a period of heightened volatility.

TRON/Tether (TRXUSDT) opened at 0.3283 on October 10 at 12:00 ET, hit a low of 0.3161, and closed near 0.3191 at 12:00 ET on October 11. The pair traded with a total volume of 956,139,109.04 USD and a turnover of 956,139,109.04 USD over the 24-hour period. The price formed a short-term bearish consolidation pattern, with notable resistance at 0.3203–0.3207 and support at 0.3161–0.3165.

The 15-minute chart shows a bearish bias with TRXUSDT below its 20-period and 50-period moving averages, while the daily chart indicates a slightly stronger recovery near the 200-day average. Momentum, as measured by MACD, flattened during the last 6 hours, indicating a loss of directional energy. The RSI crossed into neutral territory (around 50) but remains below overbought levels (65), suggesting a potential for a short-term bounce.

Bollinger Bands widened during the early bearish phase, reflecting increased volatility, and the price remains near the lower band, indicating a continuation of consolidation. Volume was highest during the sell-off from 0.3306 to 0.3161, with a sharp drop in trading activity during the rebound. This could indicate weak conviction in the bullish move back toward 0.3191.

Notable Fibonacci levels include 38.2% at 0.3212 and 61.8% at 0.3161. The price held the 0.3161 level but has struggled to reclaim higher support/resistance areas. A candlestick pattern resembling a bullish harami formed near 0.3162–0.318, suggesting short-term indecision.

Given the price behavior and technical indicators, a potential backtesting strategy could focus on a short-term mean reversion approach, buying near the 0.3161 support level with a stop-loss below 0.3155 and a take-profit at the 0.3203–0.3207 resistance cluster. This aligns with the observed Bollinger Band and RSI behavior, which suggest the price is due for a bounce after the consolidation phase. A long entry near the 0.3161 level with a trailing stop above 0.3207 could offer a favorable risk-to-reward ratio, especially if the MACD shows a bullish crossover in the next 4–6 hours.