TRON (TRX) Holds Key Support at $0.3574 While Testing $0.369 Resistance Amid 50x Uptrend

TRON (TRX) continues to trade within a well-defined range, maintaining critical support at $0.3574 while approaching resistance at $0.369. The cryptocurrency has demonstrated an impressive over 50x increase since its initial price of $0.0068, currently valued at approximately $0.3682 as of August 17, 2025 [1]. This sustained growth reflects a robust multi-year uptrend and positions TRX as a key player in the broader crypto market.

Recent trading activity shows that TRX has gained 3.0% over the past 24 hours, with the price remaining near the upper end of its current trading range [1]. The support level at $0.3574 has remained resilient despite short-term volatility, acting as a floor that buyers continue to defend. This stability is a positive indicator for the asset’s long-term trajectory, as it demonstrates consistent buying pressure in the event of dips.

On the other hand, the resistance level at $0.369 has emerged as a key threshold to monitor. As the high point of the 24-hour range, this level represents a psychological and structural barrier that traders are currently testing. If TRX can sustainably break through $0.369 with increased volume, it may signal the next phase of upward momentum. However, given the cautious sentiment observed in recent sessions, traders are likely waiting for a stronger confirmation before committing to bullish positions [1].

Long-term chart patterns reinforce the strength of TRX’s bullish trend. Since mid-2020, TRX has consistently followed an upward-sloping trendline, with notable breakouts occurring in 2024 and 2025. These developments suggest a well-established and disciplined upward movement that is supported by both price action and trading volume. In the past 24 hours alone, the token saw over $4.11 billion in trading volume, further validating its growing liquidity and market participation [1].

While short-term volatility remains a factor, the overall narrative for TRX continues to be one of resilience and growth. The current consolidation between $0.3574 and $0.369 reflects a balanced market dynamic, with both buyers and sellers holding strategic positions. This equilibrium is not uncommon in assets with strong fundamentals and long-term investor interest, as it allows for orderly price discovery rather than abrupt swings.

As the price continues to test resistance at $0.369, investors and traders are advised to closely monitor volume patterns and order book depth for signs of a potential breakout. A sustained move above this level could trigger further bullish momentum, while a rejection may result in a retest of the key support at $0.3574.

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[1] TRON (TRX) Maintains Support at $0.3574 While Testing Resistance at $0.369 Amid Long-Term Uptrend

https://en.coinotag.com/tron-trx-maintains-support-at-0-3574-while-testing-resistance-at-0-369-amid-long-term-uptrend/