TRX Weekly Technical Analysis
Tron
TRON (TRX) is a decentralized blockchain platform for content sharing and dApps, aiming to create a free digital entertainment ecosystem; TRX is its native utility token used for transactions, governance (staking/voting), and powering the network, known for high throughput and low fees.
TRX Technical Analysis Summary
TRX is currently in a corrective phase, trading below its 50-week SMA with bearish momentum indicators like an RSI below 50. While the short-term outlook is cautious due to overhead resistance at 0.291, the long-term structure remains bullish as price holds well above the rising 200-week SMA. The key area to watch is the support zone around 0.265; a hold here could signal a resumption of the broader uptrend.
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TRX Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below the 20-week and 50-week SMAs; RSI is below 50 indicating weakening momentum; MACD lines are below the signal line.
Long-term Sentiment (weeks to months): Bullish
The long-term trend remains upward with price significantly above a rising 200-week SMA; the current decline appears to be a correction within a broader uptrend.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-16T02:09:52.135Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $0.27 | $0.26 - $0.27 | Strong | Coincides with the Lower Bollinger Band and recent swing lows providing immediate support. |
| $0.25 | $0.24 - $0.25 | Weak | Previous consolidation zone and minor swing level. |
| $0.21 | $0.20 - $0.21 | Strong | Major structural support level formed during the mid-2024 breakout base. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $0.29 | $0.29 - $0.30 | Strong | The 50-week SMA (currently 0.291190) acts as dynamic resistance. |
| $0.32 | $0.32 - $0.33 | Strong | Aligned with the 20-week SMA and the middle/upper area of the Bollinger Bands. |
| $0.35 | $0.35 - $0.36 | Strong | Recent cycle high and major overhead resistance. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Weak | Correction / Pullback | Bearish | N/A | Price has retraced from the 0.35 highs and is currently consolidating below the 50-week SMA. |
| Weak | Rounding Top | Bearish | $0.27 | A gradual loss of upward momentum forming a rounded peak structure leading into the current decline. |
Frequently Asked Questions about TRX
What is the current sentiment for TRX?
The short-term sentiment for TRX is currently Bearish because Price is trading below the 20-week and 50-week SMAs; RSI is below 50 indicating weakening momentum; MACD lines are below the signal line.. The long-term trend is classified as Bullish.
What are the key support levels for TRX?
StockDips.AI has identified key support levels for TRX at $0.27 and $0.25. These levels may represent potential accumulation zones where buying interest could emerge.
Is TRX in a significant dip or a Value Dip right now?
TRX has a Value Score of 27/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.