TRON (TRX) Technical Analysis on July 4, 2025: Market Trend Insights

Technical analysis of TRON on July 4, 2025, covering resistance, support, and indicators.

The technical analysis of TRON (TRX) on July 4, 2025, suggests a cautious bullish trend dependent on several factors. TRON is currently trading around $0.271, down approximately 0.45% over the past 24 hours. However, recent chart patterns and indicators point to short-term bullish potential, particularly if key support levels hold. Chart data shows TRON moving within a long-term ascending channel on the daily timeframe, formed since early 2024. On the 4-hour timeframe, the price is forming a symmetrical triangle pattern, which typically precedes a strong move in either direction. The RSI stands at 48, indicating neutral conditions with a slight bullish bias. The MACD has recently shown a bullish crossover, providing a positive signal for continued upward movement. Key resistance zones are located between $0.275 and $0.285, levels that have previously capped price advances. A breakout above this zone with high trading volume could activate a price target of $0.35. Conversely, major support zones lie between $0.265 and $0.270, with an additional strong support at $0.25, which could prevent further declines in case of a correction. Trading volume over the past 24 hours is approximately $523 million, reflecting moderate market activity. Price action analysis indicates TRON is nearing the apex of the symmetrical triangle on the 4-hour timeframe. A breakout above $0.285 could confirm the $0.35 target, while a breakdown may push prices toward $0.25. The 50-day simple moving average at $0.268 acts as dynamic support, while the 200-day moving average at $0.265 suggests a bullish long-term trend. From a market sentiment perspective, TRON benefits from strong community support and ongoing ecosystem developments. Recent news about increased adoption of the TRON blockchain in decentralized projects and whale activity could bolster positive market sentiment. However, a bearish divergence on the RSI in the daily timeframe warns of potential correction risks. The short-term outlook for TRON is bullish, but holding the $0.265 support and breaking the $0.285 resistance are critical for sustaining this trend. Traders should closely monitor key levels and indicator signals while practicing effective risk management.