TRX Defies Market Sell-Off, Eyes $0.38 Breakout Amid Rising Selling Pressure

TRON's native token TRX has defied broader market trends, maintaining a bullish momentum despite a recent pullback of just over 1%. This resilience, which has extended across eight consecutive weeks of gains, has led to growing speculation about the sustainability of its upward trajectory. Analysts have begun to question whether increasing selling pressure could eventually undermine the rally. Key resistance levels are now under scrutiny, with their successful breach seen as crucial to the continuation of the bullish narrative [1].

Underpinning TRX’s performance is the sustained strength of the Tron Network in stablecoin activity. The blockchain continues to dominate in USDT supply, which drives consistent demand for TRX. This has been especially evident during recent market selloffs, when the Tron Network’s infrastructure has helped buffer against broader volatility. A recent $860 million stablecoin transfer into OKX has added further intrigue to the narrative, suggesting potential liquidity inflows and increased activity on the platform [1].

Glassnode data also highlights the strength of TRX holders, with record realized profits of $230 million reported on August 8. This indicates that long-term investors remain confident in the token’s fundamentals. The combination of strong network activity and organic demand has supported TRX’s upward movement, even as broader market sentiment has turned bearish [1].

However, profit-taking remains a significant risk. With holders sitting on substantial unrealized gains, there is growing temptation to lock in profits. This could lead to increased selling pressure, particularly in times of market uncertainty when investors may shift to safer assets. Recent data shows open interest in TRX has dropped by nearly $50 million over five days, while funding rates have also declined, signaling a cooling in bullish sentiment. These developments raise concerns about the token’s ability to maintain its current price level [1].

Despite these risks, TRX has recorded $12.6 million in positive netflows within the last 24 hours, underscoring ongoing demand. The recent inflow of capital suggests that investor interest remains strong, though the balance is delicate. The future of TRX may hinge on whether demand continues to outweigh selling pressure. Strong fundamentals, including leading network fees and stablecoin activity, provide a solid foundation for continued support [1].

At a technical level, TRX is currently trading near $0.36, with the $0.38 level viewed as a critical resistance point. A confirmed breakout above $0.37 with volume support could trigger a rally toward $0.38 within 7–14 days. Conversely, a breakdown below $0.33 could expose deeper support levels at $0.29 and $0.32. Market participants are advised to monitor key metrics such as volume, RSI, and MACD for signals of momentum shifts [1].

Institutional activity has also shown signs of confidence in TRX. Whale buying of $5 million worth of TRX has been reported, and the token has traded above its 20-day moving average, a bullish sign. Additional catalysts, including a $1 billion buyback initiative and the potential for a NASDAQ listing, are seen as potential drivers for further price appreciation [2].

As the market approaches a key inflection point, investors are urged to adopt a cautious approach. Position sizes should remain limited, and stop-loss orders placed below $0.33 to manage downside risk. While the fundamentals and technical indicators suggest potential for further gains, the path to $0.38 is not without challenges. The next few weeks will be decisive in determining whether TRX can overcome resistance or face a correction [1].

Source:

[1] TRX Price Prediction: TRON Eyes $0.38 Breakout Target Within 2 Weeks Despite Technical Headwinds – Blockchain.News

(https://blockchain.news/news/20250825-price-prediction-target-trx-tron-eyes-038-breakout-within-2)

[2] Institutional Confidence Lifts TRX as Whale Buys $5M Worth – AInvest

(https://www.ainvest.com/news/institutional-confidence-lifts-trx-whale-buys-5m-worth-2508/)