Usman Salis
TRON has been struggling to maintain upward momentum in recent trading sessions, caught in a clear bearish pattern that's keeping buyers at bay. The cryptocurrency is currently navigating a challenging technical setup that has traders watching key levels closely to determine whether the selling pressure will continue or if a potential reversal might be on the horizon.
TRX Price Moves Inside a Descending Channel
TRON's price action shows a clear pattern of weakness, with each bounce meeting lower highs that keep the token stuck in a downward-sloping channel. The latest rally attempt hit a wall at $0.345, where sellers jumped in at the upper boundary and red resistance zone, pushing TRX back below short-term resistance.
Trader @HolderStat pointed out that this rejection shows sellers are still in control, with momentum pointing toward more downside unless buyers can turn things around at important price levels.
With TRX still stuck below the $0.34–$0.345 resistance area, the bears remain in charge. Current momentum is pointing toward the green support zone between $0.333 and $0.335, where buyers have previously shown up to defend the price.
If this support level breaks, TRX could drop further toward the bottom of the descending channel. However, a break above $0.345 would flip the script, turning that resistance into support and potentially sparking a short-term recovery.
TRX Price Outlook: Continuation or Breakout Ahead?
The technical setup gives traders two clear paths to watch. As long as TRX stays below $0.345, the trend favors more downside with risk of another leg down. If buyers can flip that red resistance zone into support, we could see momentum shift toward $0.35 and higher.
For now, the descending channel keeps the outlook bearish, making the $0.333 support area the most important level to watch in the coming days.
Usman Salis
