TRON Holds Above $0.30: What On-Chain Data Says About TRX’s Next Move

$TRX is one of the few large-cap assets showing structural strength after a breakout. Instead of a classic post-rally pullback, price has consolidated above former resistance, signaling accumulation rather than distribution. From a market-structure perspective, this matters.

TRX has reclaimed the $0.30 zone - a level that capped price for months. Holding above it suggests demand is real, not just short-term momentum flows. The next inflection sits near $0.32. A confirmed flip of this zone into support opens room for a ~20% expansion toward $0.368, based on the prior range height.

From a downside-risk view, the setup remains constructive as long as TRX stays above $0.30. A loss of that level would likely trigger profit-taking and a retest of $0.29, but this would still sit within a higher-low structure.

On-chain and derivatives data reinforce the price action. Coinglass shows 63% long vs. 37% short positioning, producing a 1.76 long/short ratio - a clear bullish bias rather than a hedged market. At the same time, rising active addresses and funded wallets point to growing network participation, not speculative churn.

TRX is benefiting from capital rotation into networks with proven throughput and real usage. If on-chain activity continues to expand, this breakout looks structurally sustainable rather than transient.

#TRX