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- TRX broke out from a $0.20–$0.30 range, backed by strong volume and RSI health.
- Balanced funding rates and even positioning suggest sustainable momentum.
- Rising social interest and short positioning could fuel a push toward $0.45.
Tron’s TRX has been on a steady climb, attracting both short-term traders and long-term holders. This rally is not fueled by hype alone—technical indicators show solid footing and potential for further upside. At $0.3401, TRX trades comfortably above a key support zone, with buying activity still strong and momentum indicators well-balanced.
Decoding Tron’s $0.30 breakout – Is a 32% TRX rally ahead?https://t.co/d1EsnCHkW1
— John Morgan (@johnmorganFL) August 11, 2025
Breakout From Months of Accumulation
For several months, TRX traded between $0.20 and $0.30, building quiet pressure in a consolidation phase. That changed when buyers broke through the $0.30 resistance, supported by high trading volume and a Relative Strength Index (RSI) near 68—an area showing demand without signaling overbought conditions.
The Mayer Multiple sits at 1.28, suggesting TRX is advancing above its long-term average without straying into unsustainable territory. Meanwhile, derivatives funding rates remain calm at 0.01%, signaling a healthy market where both long and short positions are balanced.
Social Buzz Adds Fuel to the Rally
Data from Santiment reveals TRX’s social dominance has climbed to 1.10%, indicating rising discussion across the crypto community. While social sentiment alone doesn’t drive lasting price gains, it can amplify moves when paired with strong technical signals—conditions TRX currently enjoys.
The Long/Short ratio stands at 0.90, meaning shorts slightly outweigh longs. If upward momentum continues, short sellers could be forced to cover, triggering additional buying pressure in a potential short squeeze scenario.
Also Read: TRON (TRX) Eyes $0.37 Breakout as USDT Transactions and Buyer Demand Surge
Outlook: Eyes on $0.45
Tron’s rally stands out for its technical health, balanced derivatives activity, and growing investor attention. The absence of overheated conditions suggests the market has room to run. If momentum holds, a push toward $0.45 appears within reach in the near term.
Breaking free from months of accumulation, TRX has shown a sustainable rally backed by fundamentals and steady sentiment growth. With short positions still lingering and technical indicators aligned, Tron may be setting the stage for its next leg higher—making $0.45 the key level to watch.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
